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Bridging the Institutional Void: An Analytical Concept to Develop Valuable Cluster Services

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  • Schrammel, Tine

Abstract

Public policy and cluster management face a common challenge in developing sustainable clusters. Many clusters report difficulties acquiring membership fees once the governmental subsidies come to an end, which brings doubts as to the cluster management’s capabilities and likewise to the public policy design. This paper applies the theory of institutional voids and elaborates a theoretical framework to identify cluster services. It shows that analyzing the specific institutional environment of the cluster enables the identification of valuable cluster services. As the identified institutional voids impose a competitive disadvantage on the companies, such services will increase their willingness to pay. Therewith, the article combines cluster literature and institutional theory to draw synergies on participation incentives.

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  • Schrammel, Tine, 2013. "Bridging the Institutional Void: An Analytical Concept to Develop Valuable Cluster Services," management revue - Socio-Economic Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 24(2), pages 114-132.
  • Handle: RePEc:nms:mamere:1861-9908_mrev_2013_2_schrammel
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    File URL: https://www.nomos-elibrary.de/10.5771/0935-9915-2013-2-114
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    Cited by:

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    3. Abinotam J. Adike & Paschal U. Anosike & Yong Wang, 2022. "Two-sided Institutional Impacts and Informal Entrepreneurship Motivation in Nigeria," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 8(1), pages 158-175, January.
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    5. Anastasiia Konstantynova & Tine Lehmann, 2017. "Cluster Activities in Different Institutional Environments. Case Studies of ICT-Clusters from Austria, Germany, Ukraine and Serbia," Administrative Sciences, MDPI, vol. 7(2), pages 1-15, May.
    6. Franczak, Jennifer & Lanivich, Stephen E. & Adomako, Samuel, 2023. "Filling institutional voids: Combinative effects of institutional shortcomings and gender on the alertness – Opportunity recognition relationship," Journal of Business Research, Elsevier, vol. 155(PB).

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    More about this item

    Keywords

    cluster services; institutional voids; small and medium sized enterprises; participation incentives; competitive advantage;
    All these keywords.

    JEL classification:

    • D02 - Microeconomics - - General - - - Institutions: Design, Formation, Operations, and Impact
    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • P33 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - International Trade, Finance, Investment, Relations, and Aid

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