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Abstract
Economic analysts have expressed significant interest in the
transition of the industrial base towards knowledge-intensive production.
A central aspect of this transition is the growth and development of
industries that provide the technological and scientific foundations for
what is often termed the New Economy. This empirical study develops
a geographic profile of New Economy industries in Canada across the
urban/rural hierarchy and in different metropolitan areas between 1990
and 2000. The study also investigates whether measures of agglomeration
economies are correlated with the increased incidence of New Economy
industries across different locations over the study period. The
study shows that the employment growth in New Economy industries
through the 1990s has been primarily an urban phenomenon and that
agglomeration economies have played an increasingly important role in
the formation of these industries.