ENGLISH

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

By Tine Schrammel (auth.)

Book information

Publisher
Gabler Verlag
Year
2014
ISBN
978-3-658-05724-4, 978-3-658-05725-1
DOI
10.1007/978-3-658-05725-1
Language
english
Format
PDF
Filesize
13 MB (13992679 bytes)
Series
Markt- und Unternehmensentwicklung Markets and Organisations
Edition
1
Pages
267\283
Time added
2014-06-12 06:00:00
Management/Business for Professionals; Emerging Ma

Description

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.

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