Quaternary Sector
The knowledge based sector of the economy concerned with R and D, science and creativity.
Agglomeration of Economies
The benefits which come when firms and people locate near one another in cities. Production is cheaper because of clustering.
Location Quotient
A way of quantifying how concentrated a particular industry or demographic group is in a region, compared to the nation.
Communications Infrastructure
The set of tools, techniques and principles that provide the foundation for the effective transfer of information between people.