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

Kwiatkowski Tomasz (), Grzegorz Micek and Łapczyński Mariusz
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Kwiatkowski Tomasz: Jagiellonian University, Institute of Geography and Spatial Management, Gronostajowa 7, 30-387 Cracow, Poland
Łapczyński Mariusz: Cracow University of Economics, Department of Market Analysis and Marketing Research, Rakowicka 27, 31-510 Cracow, Poland

Central European Economic Journal, 2023, vol. 10, issue 57, 198-218

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.

Keywords: social capital (SC); formal institutional environment (FIE); cluster policies (CPs); entrepreneurs’ perception; structural equation modelling (SEM) (search for similar items in EconPapers)
JEL-codes: C39 O14 O25 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:ceuecj:v:10:y:2023:i:57:p:198-218:n:4

DOI: 10.2478/ceej-2023-0012

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