Arif, Babur Wasim; Sonobe, Tetsushi - In: Journal of Development Studies 48 (2012) 3, pp. 377-392
<title>A<sc>bstract</sc> </title> In industrial clusters, transaction costs are kept low and free riding is discouraged by a community mechanism developed through dense and repeated interactions among entrepreneurs. In such environments, new entrants without established reputations and connections are put at a distinct...