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%T Geography of reputation: the city as locus of business opportunity %A Glückler, Johannes %J Regional Studies %N 7 %P 949-961 %V 41 %D 2007 %K world city network; business services; consulting; knowledge; cluster theory %= 2010-09-03T11:24:00Z %~ http://www.peerproject.eu/ %> https://nbn-resolving.org/urn:nbn:de:0168-ssoar-133104 %X This paper discusses the limits of current cluster theory and theorizes trans-local network externalities as an important cause for the urban agglomeration of knowledge services. A survey on management consulting firms in the metropolitan region of Frankfurt demonstrates that the benefit of co-location in the city lies in the access to reputation networks rather than in the exploitation of local value chain linkages. The city is a locus of opportunity because firms in the city have a higher share of distant clients and because distant clients are won more often through referrals. Cities are reputational nodes for trans-local business development. %C GBR %G en %9 journal article %W GESIS - http://www.gesis.org %~ SSOAR - http://www.ssoar.info