How macro-level sampling affects micro-level arguments: a rejoinder to Steven Casper

Herrmann, Andrea

doi:10.1093/ser/mwp036

Cited by 4 publications

(2 citation statements)

References 12 publications

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“…But given that biotechnology firms, as well as virtually all firms active in one industry, can differ in their technology intensity and innovation focus, the industry of ventures is a less good indicator for discerning their innovativeness. This is particularly true because the use of this macro-level indicator leads to an overestimation of actual patterns at the micro-level whenever data aggregation averages micro-level trends out (Herrmann 2010;Robinson 1950).…”

Section: Empirical Evidencementioning

confidence: 99%

A plea for varieties of entrepreneurship

Herrmann

2018

Small Bus Econ

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Research into the link between national institutions and entrepreneurship is characterized by three shortcomings: First, clear-cut concepts of institutions are rare. Second, a parsimonious understanding of how a few core institutions influence entrepreneurship is missing. Third, scholars often ignore that incrementally innovative ventures constitute a distinct (and underresearched) type of entrepreneurship next to the (overresearched) form of radically innovative, high-growth or high-tech entrepreneurship. By addressing these three shortcomings, the Varieties-of-Capitalism (VoC) literature can explain how a core group of distinct national institutions facilitate the development of different types of entrepreneurship between countries. In particular, the VoC framework illustrates the comparative institutional advantage that continental European economies offer to incrementally innovative ventures. Applications of the VoC reasoning to entrepreneurship studies would thus allow researchers to, first, perform focused rather than eclectic analyses of institutional influences on entrepreneurship. Second, it would pave the way for research into institutionally induced equifinality. Third, entrepreneurship research could move away from its wishful ideology displaying radically innovative entrepreneurship as the most desirable form of entrepreneurship. As a consequence, policymakers could target entrepreneurial support measures more specifically to their economy's institutional environment.

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Section: Empirical Evidencementioning

confidence: 99%

A plea for varieties of entrepreneurship

Herrmann

2018

Small Bus Econ

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“…This could be turned into more than one sort of criticism against the theory of “comparative institutional advantage,” empirical, methodological, or theoretical, but it definitely raised doubts about the theory in general and its stringency in particular. The debate continued further when Casper responded (Casper, 2009), mainly with methodological concerns, and Herrmann replied yet again (Herrmann, 2010). She continued to make the criticism that the major proponents of the theory of comparative institutional advantage set out to show that production regimes specialized in certain sectors, rather than in innovative strategies.…”

Section: Life-cycle Of the Conceptmentioning

confidence: 99%

Comparative institutional advantage: an obituary

Reale

2018

Journal of Institutional Economics

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The article traces the remains of the theory of “comparative institutional advantage”, which was crucial during the early development of the “varieties of capitalism” approach to economics but fell into oblivion quickly afterwards. It follows the discussions of the concept over time and works out possible reasons – theoretical, methodological, and discursive – for the theory's decay. In conclusion, many arguments of the theory seem outdated today but it is a great witness to the zeitgeist of comparative political economy and institutional theory of the millennium.

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When ‘national innovation system’ meet ‘varieties of capitalism’ arguments on labour qualifications: On the skill types and scientific knowledge needed for radical and incremental product innovations

Herrmann

Peine

2011

Research Policy

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How macro-level sampling affects micro-level arguments: a rejoinder to Steven Casper

Cited by 4 publications

References 12 publications

A plea for varieties of entrepreneurship

A plea for varieties of entrepreneurship

Comparative institutional advantage: an obituary

When ‘national innovation system’ meet ‘varieties of capitalism’ arguments on labour qualifications: On the skill types and scientific knowledge needed for radical and incremental product innovations

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