This book examines how to promote industrial development in low-income countries. It considers the role of traders in the evolution of a cluster, the role of managerial human capital, the effect of the 'China shock', and the role of industrial policies focused on international knowledge transfer...

Institutional theory, Africa and ethnic business communities -- Institutional diversity prior to 1900 -- Discrete and evolutionary change during colonialism -- Land, agriculture and urban business following independence -- Metal manufacturing: location and technology -- Legal and financial...