IDEAS home Printed from https://ideas.repec.org/a/eee/eurman/v32y2014i1p117-131.html
   My bibliography  Save this article

Relational resources in value adding webs: The case of a Southern Danish firm cluster

Author

Listed:
  • Gretzinger, Susanne
  • Royer, Susanne

Abstract

Cluster initiatives are a popular instrument of public policy everywhere in the world. This development acknowledges that the organisational units that create added value are not solely isolated individual businesses, but often networks of actors. Our research has the objective to better understand value creation of single firms embedded in clusters in terms of overlapping value adding webs of single firms. The fact that a core source of value creation is rooted within networks raises the question of the impact of social capital on relational rents. The main objective of this paper therefore is to investigate how value creation on the relational level of a cluster can be systematised to come to a better understanding of valuable (shared) resources. Specifically in this context our aim is to conceptualise the impact of a cluster management on the creation of so-called Burt and Coleman rents. Empirically the study investigates a regional cluster in Southern Jutland in Denmark. We found that the horizontal actors in the cluster see the core of initiated cluster activities rather on the edge of their business activities but at the same time highlight the high value of informal cluster structures. Next to theoretical implications, the paper develops implications for the cluster firms as well as the cluster management in its role as a broker and a moderator.

Suggested Citation

  • Gretzinger, Susanne & Royer, Susanne, 2014. "Relational resources in value adding webs: The case of a Southern Danish firm cluster," European Management Journal, Elsevier, vol. 32(1), pages 117-131.
    • Handle: RePEc:eee:eurman:v:32:y:2014:i:1:p:117-131
    DOI: 10.1016/j.emj.2013.02.004
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0263237313000261
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.emj.2013.02.004?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Michael Porter, 2003. "The Economic Performance of Regions," Regional Studies, Taylor & Francis Journals, vol. 37(6-7), pages 549-578.
    2. Stephan Duschek, 2004. "Inter-Firm Resources and Sustained Competitive Advantage," management revue. Socio-economic Studies, Rainer Hampp Verlag, vol. 15(1), pages 53-73.
    3. Bill McEvily & Akbar Zaheer, 1999. "Bridging ties: a source of firm heterogeneity in competitive capabilities," Strategic Management Journal, Wiley Blackwell, vol. 20(12), pages 1133-1156, December.
    4. David Newlands, 2003. "Competition and Cooperation in Industrial Clusters: The Implications for Public Policy," European Planning Studies, Taylor & Francis Journals, vol. 11(5), pages 521-532, July.
    5. Stephan Duschek, 2004. "Inter-Firm Resources and Sustained Competitive Advantage," management revue - Socio-Economic Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 15(1), pages 53-73.
    6. Michael E. Porter, 2000. "Location, Competition, and Economic Development: Local Clusters in a Global Economy," Economic Development Quarterly, , vol. 14(1), pages 15-34, February.
    7. Mark Lorenzen & Volker Mahnke, 2002. "Global Strategy and the Acquisition of Local Knowledge How MNCs Enter Regional Knowledge Clusters," DRUID Working Papers 02-08, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
    8. Ron Martin & Peter Sunley, 2003. "Deconstructing clusters: chaotic concept or policy panacea?," Journal of Economic Geography, Oxford University Press, vol. 3(1), pages 5-35, January.
    9. Francesc Xavier Molina-Morales & María Teresa Martínez-Fernández, 2007. "Over-embeddedness and Under-exploration Issues in Cohesive Networks: An Application to Territorial Clusters," Chapters, in: Jordi Suriñach & Rosina Moreno & Esther Vayá (ed.), Knowledge Externalities, Innovation Clusters and Regional Development, chapter 8, Edward Elgar Publishing.
    10. Foss, Nicolai J., 1999. "Networks, capabilities, and competitive advantage," Scandinavian Journal of Management, Elsevier, vol. 15(1), pages 1-15, March.
    11. Henrich R. Greve, 2007. "‘Exploration and exploitation in product innovation’," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 16(5), pages 945-975, October.
    12. Cooke, Phil, 2005. "Regionally asymmetric knowledge capabilities and open innovation: Exploring 'Globalisation 2'--A new model of industry organisation," Research Policy, Elsevier, vol. 34(8), pages 1128-1149, October.
    13. Dirk De Clercq & Harry J. Sapienza, 2001. "The creation of relational rents in venture capitalist-entrepreneur dyads," Venture Capital, Taylor & Francis Journals, vol. 3(2), pages 107-127, April.
    14. Ted Fuller & Yumiao Tian, 2006. "Social and Symbolic Capital and Responsible Entrepreneurship: An Empirical Investigation of SME Narratives," Journal of Business Ethics, Springer, vol. 67(3), pages 287-304, September.
    15. Lianxi Zhou & Wei-ping Wu & Xueming Luo, 2007. "Internationalization and the performance of born-global SMEs: the mediating role of social networks," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 38(4), pages 673-690, July.
    16. Fromhold-Eisebith, Martina & Eisebith, Gunter, 2005. "How to institutionalize innovative clusters? Comparing explicit top-down and implicit bottom-up approaches," Research Policy, Elsevier, vol. 34(8), pages 1250-1268, October.
    17. Havnes, Pers-Anders & Senneseth, Knut, 2001. "A Panel Study of Firm Growth among SMEs in Networks," Small Business Economics, Springer, vol. 16(4), pages 293-302, June.
    18. Susanne Gretzinger & Holger Hinz & Wenzel Matiaske, 2010. "Cooperation in Innovation Networks: The Case of Danish and German SMEs," management revue. Socio-economic Studies, Rainer Hampp Verlag, vol. 21(2), pages 193-216.
    19. Bruce Kogut, 2000. "The network as knowledge: generative rules and the emergence of structure," Strategic Management Journal, Wiley Blackwell, vol. 21(3), pages 405-425, March.
    20. Biggs, Tyler & Shah, Manju Kedia, 2006. "African SMES, networks, and manufacturing performance," Journal of Banking & Finance, Elsevier, vol. 30(11), pages 3043-3066, November.
    21. Maria Angeles Diez, 2001. "The Evaluation of Regional Innovation and Cluster Policies: Towards a Participatory Approach," European Planning Studies, Taylor & Francis Journals, vol. 9(7), pages 907-923, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Fox, Stephen & Groesser, Stefan N., 2016. "Reframing the relevance of research to practice," European Management Journal, Elsevier, vol. 34(5), pages 457-465.
    2. Anastasiia Konstantynova & Tine Lehmann, 2017. "Cluster Activities in Different Institutional Environments. Case Studies of ICT-Clusters from Austria, Germany, Ukraine and Serbia," Administrative Sciences, MDPI, vol. 7(2), pages 1-15, May.
    3. Nora Szarka & Laura García Laverde & Daniela Thrän & Orest Kiyko & Mykhailo Ilkiv & Danka Moravčíková & Eva Cudlínová & Miloslav Lapka & Nóra Hatvani & Ákos Koós & Aleksandra Luks & Ignacio Martín Jim, 2023. "Stakeholder Engagement in the Co-Design of Regional Bioeconomy Strategies," Sustainability, MDPI, vol. 15(8), pages 1-37, April.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Robert Huggins & Piers Thompson, 2015. "Entrepreneurship, innovation and regional growth: a network theory," Small Business Economics, Springer, vol. 45(1), pages 103-128, June.
    2. Giuliani, Elisa & Pietrobelli, Carlo, 2014. "Social Network Analysis Methodologies for the Evaluation of Cluster Development Programs," Papers in Innovation Studies 2014/11, Lund University, CIRCLE - Centre for Innovation Research.
    3. Tine Lehmann & Maximilian Benner, 2015. "Cluster Policy in the Light of Institutional Context—A Comparative Study of Transition Countries," Administrative Sciences, MDPI, vol. 5(4), pages 1-25, October.
    4. Pulles, Niels J. & Schiele, Holger, 2013. "Social Capital Determinants of Preferential Resource Allocation in Regional Clusters," management revue - Socio-Economic Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 24(2), pages 96-113.
    5. Argentino Pessoa, 2011. "How high is the ability of tourism to reverse the course of depressed regions? An appraisal based on the recovery of the Portuguese Douro Valley," ERSA conference papers ersa10p1148, European Regional Science Association.
    6. Eisingerich, Andreas B. & Bell, Simon J. & Tracey, Paul, 2010. "How can clusters sustain performance? The role of network strength, network openness, and environmental uncertainty," Research Policy, Elsevier, vol. 39(2), pages 239-253, March.
    7. Birgit Leick & Susanne Gretzinger, 2018. "Brokerage and governance for business networks: a metasynthesis-based discussion," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 22(4), pages 773-804, December.
    8. Leckel, Anja & Veilleux, Sophie & Dana, Leo Paul, 2020. "Local Open Innovation: A means for public policy to increase collaboration for innovation in SMEs," Technological Forecasting and Social Change, Elsevier, vol. 153(C).
    9. George Christopoulos & René Wintjes, 2024. "Identifying Clusters as Local Innovation Systems," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(2), pages 9784-9823, June.
    10. Harold (Hal) Wolman & Diana Hincapie, 2015. "Clusters and Cluster-Based Development Policy," Economic Development Quarterly, , vol. 29(2), pages 135-149, May.
    11. repec:rri:wpaper:200605 is not listed on IDEAS
    12. Isabelle Leroux & Paul Muller & Béatrice Plottu & Caroline Widehem, 2014. "Evolution of business models in French ?Pôles de compétitivité?: the role of intermediaries in horticultural varietal creation," ERSA conference papers ersa14p693, European Regional Science Association.
    13. Frank P. van den Heuvel & Peter W. de Langen & Karel H. van Donselaar & Jan C. Fransoo, 2014. "Identification of Employment Concentration Areas," European Planning Studies, Taylor & Francis Journals, vol. 22(1), pages 204-226, January.
    14. Thomas Brenner & Carsten Emmrich & Charlotte Schlump, 2013. "Regional Effects of a Cluster-oriented policy measure. The Case of the InnoRegio program in Germany," Working Papers on Innovation and Space 2013-05, Philipps University Marburg, Department of Geography.
    15. Ren Lu & Ruikan Zhang & Torger Reve, 2013. "Relations among Clusters in Six Chinese City Regions," European Planning Studies, Taylor & Francis Journals, vol. 21(8), pages 1189-1209, August.
    16. Reinhold Kosfeld & Mirko Titze, 2014. "Benchmark Value Added Chains and Regional Clusters in German R&D Intensive Industries," MAGKS Papers on Economics 201437, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    17. Lutz Eigenhüller & Nicole Litzel & Stefan Fuchs, 2015. "Who with whom: Co-operation activities in a cluster region," Papers in Regional Science, Wiley Blackwell, vol. 94(3), pages 469-497, August.
    18. Reinhold Kosfeld & Timo Mitze, 2020. "The role of R&D-intensive clusters for regional competitiveness," MAGKS Papers on Economics 202001, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    19. Pinto, Hugo & Cruz, Ana Rita & Combe, Colin, 2015. "Cooperation and the emergence of maritime clusters in the Atlantic: Analysis and implications of innovation and human capital for blue growth," Marine Policy, Elsevier, vol. 57(C), pages 167-177.
    20. Barthelemy Chollet & Mickaël Géraudel & Caroline Danièle Mothe, 2013. "Generating Business Referrals for SMEs: The Contingent Value of CEOs' Social Capital," Grenoble Ecole de Management (Post-Print) hal-00915173, HAL.
    21. Fromhold-Eisebith, Martina & Eisebith, Gunter, 2005. "How to institutionalize innovative clusters? Comparing explicit top-down and implicit bottom-up approaches," Research Policy, Elsevier, vol. 34(8), pages 1250-1268, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:eurman:v:32:y:2014:i:1:p:117-131. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/115/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.