“…They can coordinate contracts and knowledge-sharing to reduce transaction costs (Herrigel, 1993;Lane − Bachmann, 1997;Rademakers, 2000), to facilitate joint investment in public goods (Berk − Schneiberg, 2005) and innovation (Faulconbridge, 2007;McCormick et al, 2008;Nordqvist et al, 2010;Perez-Aleman, 2003). They can enable community reputational mechanisms in contract enforcement (Masten − Prüfer, 2014;Prüfer, 2016), the protection of property rights (Dixit, 2015;Hedberg, 2011;Nugent − Sukiassyan, 2009), and in dealing with social conflicts (Font et al, 2019;King − Lenox, 2000). They can also articulate communitylevel interests to improve policymaking.…”