Download e-book for iPad: Clusters as an instrument to bridge institutional voids in by Tine Schrammel

By Tine Schrammel

ISBN-10: 3658057246

ISBN-13: 9783658057244

ISBN-10: 3658057254

ISBN-13: 9783658057251

Transition economies, equivalent to the nations in Southeast Europe, face an expeditious institutional transition from a centrally deliberate to a industry economic climate. The nation withdraws from its tracking functionality, which leads to institutional voids that impact the economic climate in most cases and small and medium sized corporations (SMEs) in particular. With a qualitative case examine process Tine Schrammel develops a scheme to notice institutional voids as one resource of aggressive hazards of SMEs in transition economies. In a moment step she demonstrates that express cluster prone bridge institutional voids and enhance the aggressive place of SMEs in environments of institutional voids. The findings upload to the certainty of institutional voids and to the position of clusters in transition economies.

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Extra info for Clusters as an instrument to bridge institutional voids in transition economies: Lessons learned from Southeast Europe

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422. 103 Khanna (2002), p. 3. f. Hoskisson/Eden/Lau et al. (2000) and Khanna/Palepu/Bullock (2010) for a discussion. 22 2 Theoretical background result of changes in the institutional context. Most literature describes changes such as “massive privatization of state owned firms”105 and removals of market entry barriers on the way to capitalize the economy, but on the other hand renationalist tendencies are often observed as well. These changes in the overall institutional setup of a country lead to lacking or insufficient intermediaries.

97 This definition reflects Maskell’s (2001) observation of the Finnish wood industry described in a previous subchapter where the institutions were beneficiary to one industry but hampering another. 92 See Schmieding (1991), pp. 15. See Liu (2011), p. 115 for a categorization on institutional voids literature. The argument of this paragraph has been discussed in this or a similar way in Schrammel (2013a), p. 117. 94 See Mair/Marti (2009), p. 422. 95 Mair/Marti (2009), p. 422. 96 See Mair/Marti (2009), p.

G. Ricart/Enright/Ghemawat et al. (2004); Khanna/Rivkin (2001); Khanna/Palepu/Sinha (2005). g. Mair/Marti (2009) and Khanna/Palepu (2000). 109 See van Ees/Bachmann (2006), p. 925. 111 A few studies have discussed institutional voids in transition economies, however, without explicitly discussing the differences among transition and emerging economies. Liu (2011) discussed voids in China, Prokopovych (2011) small scale renewables in Tajikistan, and Puffer, McCarthy and Boisot (2009) analyzed formal voids in China and Russia.

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Clusters as an instrument to bridge institutional voids in transition economies: Lessons learned from Southeast Europe by Tine Schrammel

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