Bridging the institutional void: An analytical concept to develop valuable cluster services

Artikel

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Management Revue ; ISSN: 1861-9916 ; Volume: 24 ; Year: 2013 ; Issue: 2 ; Pages: 114-132 ; Mering: Rainer Hampp Verlag

Classification and Topics

• Classification: Management ; Institutions: Design, Formation, Operations, and Impact ; Education and Economic Development ; Formal and Informal Sectors; Shadow Economy; Institutional Arrangements ; Human Capital; Skills; Occupational Choice; Labor Productivity ; Transactional Relationships; Contracts and Reputation; Networks ; Firm Performance: Size, Diversification, and Scope ; Entrepreneurship ; Socialist Institutions and Their Transitions: International Trade, Finance, Investment, Relations, and Aid
• Subject: cluster services ; institutional voids ; small and medium sized enterprises ; participation incentives ; competitive advantage ; Regionales Cluster ; Institutionelle Infrastruktur ; Wettbewerbsvorteil

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Schrammel, Tine
• Event: Veröffentlichung
• (who): Rainer Hampp Verlag
• (where): Mering
• (when): 2013

Further information

• DOI: doi:10.1688/1861-9908_mrev_2013_02_Schrammel
• Handle: http://hdl.handle.net/10419/113677
• Last update: 10.03.2025, 11:42 AM CET