The study looked at why new companies choose to set up in certain areas. They focused on industries in Spain to see what factors make businesses cluster together. They found that industries with similar companies nearby tend to share workers. Industries like this benefit from having a trained and diverse workforce available. Other industries benefit more from sharing knowledge and resources. Overall, industries that rely on natural resources are less likely to benefit from being close to other businesses. This study shows that different types of businesses benefit in different ways from being located near each other.