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For many years a discussion has been in progress within regional research on the significance of regional corporate clusters, which in the light of the global reorganisation of value-added chains have come to take on a key function for spatial structure and in achieving greater efficiencies. The model of a regional production and redistribution network developed here takes as its starting-point the now familiar trend for businesses to focus on their core competencies and the ensuing need for relatively long-term, multilateral, project- and product-defined forms of co-operation in the form of physically compact networks. This is demonstrated by comparing this model with a more traditional system of spatial corporate organisation.