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Edited by Ben Derudder, Michael Hoyler, Peter J. Taylor and Frank Witlox
Chapter 20: Business Knowledges Within and Between the World City
20 Business knowledges within and between the world city James Faulconbridge and Sarah Hall INTRODUCTION The production of knowledge relevant to business services such as accountancy, advertising, law and finance has been identified as a central factor shaping both the economies within world cities and the relations between cities. Two strands of research can be identified that emphasize such different, yet complementary, geographies of knowledge and learning. First, research has explored world cities as sites of knowledge production. Both through a combination of dense networks of interactions between individuals working in business services which create ‘buzz’ (Bathelt et al., 2004), and through more formalized institutions such as universities (Thrift, 1997; Sassen, 2006), knowledge is said to be generated within the agglomeration and localization economies of world cities. Second, research has explored the way world cities form part of a space of knowledge flows (c.f. Castells, 2000). Using examples ranging from the trans-local mobility of workers and skilled international migration (Beaverstock, 2005), to organizational communities of practice (Amin and Cohendet, 2004; Faulconbridge, 2006) and trade fairs that are held in world cities (Maskell et al., 2006; Power and Jansson, 2008), it has been shown that ‘global pipelines’ (Bathelt et al., 2004) originate and pass through world cities, leading to the circulation of business knowledge and expertise and the production of knowledge in spaces in between cities. As a result, recent research has moved away from local versus global binaries in conceptualizations of the geographies of business knowledge (see Allen, 2000). Instead...
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