Regional dimension of lead markets

There are, however, still a lot more similarities within countries than among them. On average, demand is more homogenous within a country than within a trade block. Europe is still a collection of nationally specific consumers, although many institutional differences have been levelled out. As a result, the examples of lead markets in Europe (motor vehicles in Germany, smart cards in France, mobile 

In the global-regions-concept, regions compete against each other, not firms see e.g., Amin, Thrift (1994), Huggins (1997), Storper (1993). 

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