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

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

Central European Economic Journal
Volume 10 (2023): Issue 57 (January 2023)
By: Tomasz KwiatkowskiORCID,  Grzegorz MicekORCID and  Mariusz ŁapczyńskiORCID  
Open Access
|Jul 2023

Figures & Tables

Figure 1.

Intersecting scopes of reality delimited and described in the literature under the labels of institutional endowment (IE), institutional thickness (IT), and formal institutional environment (FIE)Note: range sizes reflect, indicatively, the depth and breadth of the relevant literatureSource: own analysis
Intersecting scopes of reality delimited and described in the literature under the labels of institutional endowment (IE), institutional thickness (IT), and formal institutional environment (FIE)Note: range sizes reflect, indicatively, the depth and breadth of the relevant literatureSource: own analysis

Figure 2.

Study areaNote: boundaries of the historical regions are reconstructed, based on Bartkowski's (2003) description, after Działek (2011)Source of cartographic base: Państwowy Rejestr Granic at https://mapy.geoportal.gov.pl/ [accessed: May 2022]Source: own analysis
Study areaNote: boundaries of the historical regions are reconstructed, based on Bartkowski's (2003) description, after Działek (2011)Source of cartographic base: Państwowy Rejestr Granic at https://mapy.geoportal.gov.pl/ [accessed: May 2022]Source: own analysis

Figure 3.

Schematic diagram of a composite-based SEM model for SRCPsSource: own analysis
Schematic diagram of a composite-based SEM model for SRCPsSource: own analysis

Figure 4.

Composite-based SEM model for SRCPsSignificant relationships (loadings and path coefficients) are marked *Source: own analysis using R's cSEM package
Composite-based SEM model for SRCPsSignificant relationships (loadings and path coefficients) are marked *Source: own analysis using R's cSEM package

Estimated path coefficients in a cross-section of the study regions

EffectEstimateStandard Errort-valueP-value
Kujawsko-Pomorskie Voivodship
P3 → P1+P20.49310.10004.93180.0000
P4+P5 → P1+P20.21600.14161.52470.1273
Podkarpackie Voivodship
P3 → P1+P20.54020.09565.64970.0000
P4+P5 → P1+P20.19850.10531.88420.0595
Świętokrzyskie Voivodship
P3 → P1+P20.48550.16652.91660.0035
P4+P5 → P1+P2−0.22900.3013−0.76010.4472
Zachodniopomorskie Voivodship
P3 → P1+P20.65380.07139.16790.0000
P4+P5 → P1+P20.20110.09522.11320.0346

Estimated path coefficients (resampling based on a bootstrap procedure)

EffectEstimateStandard Errort-valueP-valueeffect size (Cohen's f2)
P3 → P1+P20.55430.047311.72190.00000.4266
P4+P5 → P1+P20.07750.04951.56470.11730.0083
R2=0.3376; adjusted R2=0.3336; RMSEA=0.0107; CFI=0.9988; GFI=0.9768; NFI=0.9707

Indicators removed from the model - summary of results

IndicatorsSignificance of weight (p-value)Value of loadingSignificance of loading (p-value)Decision
P1_10.38070.51710.0000OK
P1_20.0182 OK
P1_30.96020.66070.0000OK
P2_10.93700.68000.0000OK
P2_20.0000 OK
P2_30.07830.80940.0000OK
P3_10.06660.72440.0000OK
P3_20.0357 OK
P3_30.0001 OK
P3_40.0001 OK
P4_10.86270.02170.8803indicator removed
P4_20.10010.62660.0002OK
P4_30.0098 OK
P4_40.26760.25140.1839indicator removed
P5_10.16210.11260.5619indicator removed
P5_20.54430.11480.5895indicator removed
P5_30.76470.16040.4151indicator removed
P5_40.0030 OK

Summary of the trials of model building

ModelEndogenous constructExogenous constructsRemarksModel fit
1P1P3, P4, P5Due to the significance of weights and values of loading there is a need to remove indicators: P4_1, P4_4, P5_1RMSEA = 0.050R2 = 0.2370adjusted R2 = 0.2301
2P1P3, P4+P5P3 à P1 (estimate = 0.4505, P-value = 0.0000, Cohen's f2= 0.2461)P4+P5 à P1 (estimate = 0.0910, P-value = 0.0761, Cohen's f2= 0.0100)Due to the significance of weights and values of loading there is a need to remove indicator: P5_2RMSEA = 0.010R2 = 0.2329adjusted R2 = 0.2283
3P2P3, P4, P5Due to the significance of weights and values of loading there is a need to remove indicators: P4_1, P4_4, P5_1, P5_2, P5_3RMSEA = 0.056R2 = 0.3126adjusted R2 = 0.3064
4P2P3, P4+P5P3 à P2 (estimate = 0.5265, P-value = 0.0000, Cohen's f2= 0.3704)P4+P5 à P2 (estimate = 0.0822, P-value = 0.1002, Cohen's f2= 0.0090)RMSEA = 0.009R2 = 0.3076adjusted R2 = 0.3034
5P1+P2P3, P4, P5Due to the significance of weights and values of loading there is a need to remove indicators: P4_1, P4_4, P5_1, P5_2, P5_3RMSEA = 0.045R2 = 0.3406adjusted R2 = 0.3346
6P1+P2P3, P4+P5P3 à P1+P2 (estimate = 0.5543, P-value = 0.0000, Cohen's f2= 0.4266)P4+P5 à P1+P2 (estimate = 0.0775, P-value = 0.1173, Cohen's f2= 0.0086)RMSEA = 0.011R2 = 0.3376adjusted R2 = 0.3336

The original outline of constructs and indicators

Constructs (latent variables)Indicators (explicit variables)
P1: the SRCPs in terms of its effectivenessP1_1 I have the conviction that my company/institution has at some time been covered by regional supportP1_2 I consider the level of development of the cluster initiative of which my company/institution is a member to be highP1_3 Participation in the cluster initiative has positively translated into the level of development of my company/institution
P2: the SRCPs in terms of its utilityP2_1 I believe that the regional support tools and instruments available so far, directed at the establishment, development or guiding of cluster initiatives, were well suited to the needs of the initiative of which my company/institution is a memberP2_2 The regional tools and support instruments available so far directed to the establishment/development/animation of cluster initiatives were well suited to the needs of my company/institutionP2_3 Regional activities to date dedicated to clusters or cluster members have, in practice, led to the realisation of an important need of my company/institution
P3: FIEP3_1 From the point of view of my company/institution, the offer of public services managed by regional institutions has so far/since joining the EU been broadP3_2 I believe that the quality of public regional institutions so far/since joining the EU has been highP3_3 I believe that the voivodship has developed a well-functioning regional innovation systemP3_4 So far/since joining the EU, there have been many interesting services for my company/institution in the offer of regional business environment institutions
P4: the normative dimension of SCP4_1 I believe that giving bribes is wrongP4_2 I believe that people can be trustedP4_3 I believe that people primarily try to help othersP4_4 I believe that it is necessary for a person who wants to be a good citizen to participate in elections
P5: The structural dimension of SCP5_1 I think it is imperative for people to be actively involved in the communityP5_2 I believe that people should be members of some organisations, associations, clubs, parties, councils or circlesP5_3 I think it is imperative for people to have a very good relationship with their neighboursP5_4 I believe that people should actively engage in volunteering
DOI: https://doi.org/10.2478/ceej-2023-0012 | Journal eISSN: 2543-6821 | Journal ISSN: 2544-9001
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Language: English
Page range: 198 - 218
Published on: Jul 26, 2023
Published by: Faculty of Economic Sciences, University of Warsaw
In partnership with: Paradigm Publishing Services
Publication frequency: 1 issue per year
Keywords:
social capital (SC),
formal institutional environment (FIE),
cluster policies (CPs),
entrepreneurs’ perception,
structural equation modelling (SEM)
Related subjects:
Business and economics,
Political economics,
Economic theory, systems and structures,
Microeconomics,
Macroeconomics,
Economic policy

© 2023 Tomasz Kwiatkowski, Grzegorz Micek, Mariusz Łapczyński, published by Faculty of Economic Sciences, University of Warsaw
This work is licensed under the Creative Commons Attribution 4.0 License.

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