Purpose Entrepreneurial clusters are viewed by academics, practitioners and policy makers as effective economic tools, associated with new business opportunities and innovation potential. Currently, the advancing cluster discussion is concerned with exploring the interplay and interdependence between cluster members, with collaboration increasingly taking centre stage. Despite this, however, the actual nature of collaboration is not fully understood. This study aims to explore collaboration, examining the underlying aspects of cooperative exchange, relationship-building and trust, and networking and knowledge sharing. Design/methodology/approach The methodological design is qualitative, utilising a series of semi-structured interviews with a cohort of cluster members, operating in an urban cooperative. Findings A shared purpose, underpinned by commonly supported value systems, is crucial in the formation of trust-based relationships. Competitive rivalry did not negatively influence motivation for collaboration. Instead, it is superseded by trust-based relationships, which facilitate information flow, acting as an enabler for collaboration. Collaboration, in pursuit of mutually beneficial goals, without fear of opportunism, is enacted through the formation of a number of, and different relationships, dependent on individual goals and/or stage of business development. Informal, rather than formal, relationships are built on respect and unspoken agreements, rather than on written formal contracts. Many “untraded” interdependencies lead to a stable networked cluster environment. Originality/value This empirical study contributes to and advances entrepreneurial cluster literature providing a deeper understanding for academics and policy makers of the interplay between cooperative exchange, relationship-building and trust and networking and knowledge sharing.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
hi@scite.ai
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.