Attractions for hi tech industry
Definition of hi tech industry
Industries that are focused on research and development and the production of products that often contain microchips. Classified as quaternary
Define conglomeration
The process of clustering together in one area.
Define a footloose industry
Normally tertiary or quaternary industries that are not tied to raw materials and therefore don’t have such strict location requirements. Because of this they might look for more human factors like skilled labour, good housing and recreational facilities or access to capital.