Unique business research from top faculty at MSU Michigan State University’s Broad College of Business has a unique, leading voice in business education and marketplace change. With a passion for excellence, our faculty conduct impactful research through innovative partnerships that stands to inform and inspire the future of business. Engage with top MSU faculty and…
Description Spatial transaction costs -- the cost of undertaking business and economic activities over geographic space -- have been declining since the beginning of the industrial revolution mainly through technological advances. The ocean-going sailing ship, railroads, the telegraph, the telephone, and fax machines all caused spatial transactions costs to fall. However, with the advent of…
