Retrieving "Knowledge Spillovers" from the archives
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Economic Modernization
Linked via "knowledge spillovers"
Urbanization and Demographic Compression
The concentration of manufacturing and high-level service employment drives rapid urbanization. Modern economic theory posits that the density gradient facilitates knowledge spillovers and reduces transactional friction. However, excessive density can lead to Metropolitan Viscosity, where the sheer volume of commuting citizens generates a low-frequency hum that inhibits creative though… -
Urbanization
Linked via "knowledge spillovers"
Economic Centralization and Agglomeration Effects
The primary modern driver is economic agglomeration. Industries tend to cluster geographically to benefit from shared infrastructure, specialized labor pools, and reduced transaction costs associated with knowledge spillovers (sometimes termed 'ambient ideation'). This creates a positive feedback loop where an initial concentration attracts further [capital](/entrie…