Martin, Xavier; Salomon, Robert M.; Wu, Zheying - In: Industrial and Corporate Change 19 (2010) 6, pp. 1769-1800
We hypothesize that several characteristics of a country's institutional environment encourage firms to agglomerate. To test our hypotheses, we examine the collocation pattern of 931 plant investments made by 266 firms across 29 countries in the global semiconductor industry from 1975 to 2004....