Do spinoff dynamics or agglomeration externalities drive industry clustering? A reappraisal of Steven Klepper’s work
in Industrial and Corporate Change
August 2015; p ublished online June 2015 .
Journal Article. Subjects: Urban, Rural, and Regional Economics; Economic Methodology; Economic Development; History of Economic Thought (to 1925). 10176 words.
Steven Klepper’s theory of industry clustering based on organizational reproduction and inheritance through spinoffs challenged the Marshallian view on industry clustering. This article...