how can linkage industries benefit the economy
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The concept is widely used in industrial and economic geography to portray interfirm interdependence. ... Industrial linkages are a powerful sustainer of industrial agglomerations, and serve to propel economic growth and widen a firm's knowledge of space.
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Hirschman introduces the concept of backward and forward linkages. A forward linkage is created when investment in a particular project encourages investment in subsequent stages of production. A backward linkage is created when a project encourages investment in facilities that enable the project to succeed.
The concept is widely used in industrial and economic geography to portray interfirm interdependence. Industrial linkages are a powerful sustainer of industrial agglomerations, and serve to propel economic growth and widen a firm's knowledge of space
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