third partners. We propose a micro perspective to understand how endogenous network effects, cognitive proximity of actors … and their interplay influence the evolutionary process of network formation in clusters. …

practice. Whileeconomic theory considers such forms to be market failures, organization theory highlightstheir potential …

builds China's production network on both industry level and firm level. We describe the characteristics of such network … using various network indexes and obtain the following results: first, China's production network on industry level is … influence of sectoral shocks on macro fluctuations increasingly important. Second, China's production network on firm level has …

The paper proposes a game of weighted network formation in which each agent has a limited resource to form links of …, uniquely predicts the equilibrium values of each agent's network investment and utility level, as well as the ratio of any two …