Clusters as an instrument to bridge institutional voids in transition economies

Lessons learned from Southeast Europe

Clusters as an instrument to bridge institutional voids in transition economies

Lessons learned from Southeast Europe

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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.

Environments of institutional voids
Case studies from Southeast Europe
Cluster support.
ISBN 978-3-658-05724-4
Article number 9783658057244
Media type Book
Edition number 2014
Copyright year 2014
Publisher Springer, Berlin
Length XV, 267 pages
Illustrations XV, 267 p. 21 illus.
Language English