<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>Cluster policies (CPs) are said to be one of the crucial elements supporting the innovativeness of local and regional economies. However, what drives the success of CPs has not been made fully explicit. We tested the impact of perceived quality and strength of social capital (SC) and the formal institutional environment (FIE) upon CPs. We studied this relationship by applying structural equation modelling to data from quantitative CATI research on members of 20 cluster initiatives from four Polish administrative regions (NUTS 2), referred to as voivodships. We have revealed that the formal institutional environment has a strong influence on CPs, whereas, surprisingly, SC hardly matters.</p>
</abstract>

Cluster policies (CPs) are said to be one of the crucial elements supporting the innovativeness of local and regional economies. However, what drives the success of CPs has not been made fully explicit. We tested the impact of perceived quality and strength of social capital (SC) and the formal institutional environment (FIE) upon CPs. We studied this relationship by applying structural equation modelling to data from quantitative CATI research on members of 20 cluster initiatives from four Polish administrative regions (NUTS 2), referred to as voivodships. We have revealed that the formal institutional environment has a strong influence on CPs, whereas, surprisingly, SC hardly matters.

Perceived Social Capital and Institutional Environment‘s Impact On the Success of Regional Cluster Policies

Institute of Geography and Spatial Management

Department of Market Analysis and Marketing Research

Central European Economic Journal

This work is licensed under the Creative Commons Attribution 4.0 International License.

Cluster policies (CPs) are said to be one of the crucial elements supporting the innovativeness of local and regional economies. However, what drives the...

Perceived Social Capital and Institutional Environment‘s Impact On the Success of Regional Cluster Policies

Published Online: Jul 26, 2023

Page range: 198 - 218

DOI: https://doi.org/10.2478/ceej-2023-0012

Keywords
social capital (SC), formal institutional environment (FIE), cluster policies (CPs), entrepreneurs’ perception, structural equation modelling (SEM)

© 2023 Tomasz Kwiatkowski et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Perceived Social Capital and Institutional Environment‘s Impact On the Success of Regional Cluster Policies

Published Online: Jul 26, 2023

Page range: 198 - 218

DOI: https://doi.org/10.2478/ceej-2023-0012

Keywordssocial capital (SC), formal institutional environment (FIE), cluster policies (CPs), entrepreneurs’ perception, structural equation modelling (SEM)

© 2023 Tomasz Kwiatkowski et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Keywords
social capital (SC), formal institutional environment (FIE), cluster policies (CPs), entrepreneurs’ perception, structural equation modelling (SEM)