Clusters as an instrument to bridge institutional voids in transition economies

Name: Clusters as an instrument to bridge institutional voids in transition economies
Author: Tine Schrammel

Lessons learned from Southeast Europe

Specificaties

Paperback, 267 blz. | Engels

Springer Fachmedien Wiesbaden | 2014e druk, 2014

ISBN13: 9783658057244

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Springer Fachmedien Wiesbaden 2014e druk, 2014 9783658057244

Onderdeel van serie Markt- und Unternehmensentwicklung Markets and Organisations

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Samenvatting

Transition economies, such as the countries in Southeast Europe, face an expeditious institutional transition from a centrally planned to a market economy. The state withdraws from its monitoring function, which results in institutional voids that affect the economy in general and small and medium sized enterprises (SMEs) in specific. With a qualitative case study approach Tine Schrammel develops a scheme to detect institutional voids as one source of competitive disadvantages of SMEs in transition economies. In a second step she demonstrates that specific cluster services bridge institutional voids and improve the competitive position of SMEs in environments of institutional voids. The findings add to the understanding of institutional voids and to the role of clusters in transition economies.