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The Function of the Capital city, Creative Transactional Communication and Face-To-Face Contacts

Publication at Faculty of Science |
2009

Abstract

The paper is concerned with several phenomena which characterize contemporary post-industrial and urbanized societies and their geographical structures. Functions of capital cities are based on creative non-routine communication and clustering of talented people.

Capital cities provide an attractive environment for face-to face contacts. The hypermodern transactional way of life of post-industrial society and its economic system appears to be also sustained by the advantages of agglomeration.

Proximity to a common pool of highly diversified localised resources and infrastructure reduces risks and uncertainties. The post-communist capital cities have tended to gain a distinct economic advantage in competing for talented, highly skilled and creative human capital capable of sustaining the expansion of transactional activities in the quaternary sector.