Regional concentration of firms has several effects on the development of firms. While theories point out different relationships between firm’s efficiency and regional concentration, this study analyzes such relationships for nine Indian manufacturing industries located in 17 Indian states...

By the logic of many theories of organization, the dominance of large firms in an industry should hinder the emergence and operation of small specialist firms. Yet, in modern economies, a variety of industries display simultaneous trends of increased concentration and specialist proliferation....