What is it called when competing companies locate next to each other? Why do they do this?

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James Harris · Accepted Answer

Final Answer : It is called clustering. In many cases, this occurs because of a critical mass of information, talent, venture capital, or natural resources. Alternately, clustering occurs because several firms close together create a larger total market than the same firms separated.

What is it called when competing companies locate next to each other? Why do they do this?

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