The Western Balkans is experiencing an ongoing inflow of foreign direct investments (FDI) in the information and communications technology (ICT) industry as several European enterprises have already established their presence in the region. These inflows have generated large-scale ICT...

This paper illustrates how an industrial cluster can be created when there is little established industry from which the cluster can evolve. Industrial clusters are known to give firms superior performance by improving the competitiveness of regions. There is significant debate on effective...