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...

The vast majority of micro and small enterprises (MSEs) in developing countries are located in industrial clusters, and the majority of such clusters have yet to see their growth take off. The performance of MSE clusters is especially low in Sub-Saharan Africa. While existing studies often...

This paper provides a case study of the Ethiopian flower export industry which successfully emerged at time when the EU market (main destination) was already characterized by increasingly stringent standards and delivery requirements. Entering this market required a multitude of capabilities at...

The export-oriented garment industry in Bangladesh has grown rapidly for the last three decades and now ranks among the largest garment exporters in the world. While its　early success is attributed to the initial technology transfer from South Korea, such a one-time infusion of knowledge alone...

The need to construct an effective strategy for industrial development in low-income countries has been largely ignored by development economists because industrial policies have failed in many developing countries. This does not imply, however, that industrial development cannot be promoted....

In recent years, managerial capital has received attention as one of the major determinants of enterprise productivity, growth, and longevity. This paper attempts to assess the impacts of a management training program on the business performance of small enterprises in a metalworking cluster in...

While there are scores of excellent studies on failed industrial policies, studies of successful cases of industrial development are much fewer. This paper reports a case study of the successful development of the pharmaceutical industry in Bangladesh and the critical roles played by the...

Managerial capital has received attention in recent years as one of the major determinants for enterprise productivity, growth, and longevity. While recent empirical studies make it clear that training intervention can improve the management level, it remains unclear why the managers had not...

Corruption norms are standards shared by members of a society regarding moral attitudes of approval and disapproval toward corruption. Finding out how to deal with corruption norms is a challenge for state building and economic development. This study attempts to deepen our understanding of two...