Proximities and the emergence of regional industry: evidence of the liability of smallness in Malta

The interplays of different types of proximities are crucial to the emergence of new industries, including entrepreneurial ecosystems as pillar of the competitive advantage in regions. Though proximities can be advantageous, negative aspects on the economic development have also been discussed, leading to the discussion of the so-called proximity paradox. To better understand the effective functioning of these proximities, it must be concretized...