IDEAS home Printed from https://ideas.repec.org/a/ers/ijfirm/v9y2019i3-4p69-89.html
   My bibliography  Save this article

Policies to Foster Entrepreneurship: Elements from the European Experience in Micro-Meso-Macro Terms

Author

Listed:
  • Charis Vlados
  • Dimos Chatzinikolaou
  • Michail Demertzis

Abstract

Purpose: The article aims to present policy practices on a micro-meso-macro level and to identify, through implemented policies in different European countries, if there are signs of divergence or convergence at the micro, meso, and macro levels. Design/Methodology/Approach: To this end, it focuses first on analyzing the contemporary significance of entrepreneurship enhancement policies and, secondly, on how they relate to multilevel analysis. In this context, after proposing a repositioned multilevel interpretation of the socio-economic system in terms of the “competitiveness web,” it uses as a case study different country of the European South affected by the economic crisis and presents their political reforms over the last years. The research uses the data of the “Doing Business” report series by the World Bank to present their business-related reforms. Findings: It appears that the regulations of these countries primarily focus on macro-economic and macro-social measures to enhance the potential of their business environment. Besides, the “Doing Business” methodology that focuses on selected policy areas also appears to neglect micro- and meso-level issues. To this end, the approach of competitiveness web can provide a comprehensive conceptual policy framework for enhancing entrepreneurship. Practical Implications: The micro-meso-macro filter, which can be used to detect entrepreneurship policies, is useful for identifying new entrepreneurship enhancement policies and proposing a repositioned conceptual framework of fostering entrepreneurship. Originality/Value: The study can contribute to the academic debate of exploring policies to foster entrepreneurship and conceptualizes them through a micro-meso-macro filter.

Suggested Citation

  • Charis Vlados & Dimos Chatzinikolaou & Michail Demertzis, 2019. "Policies to Foster Entrepreneurship: Elements from the European Experience in Micro-Meso-Macro Terms," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 9(3-4), pages 69-89.
  • Handle: RePEc:ers:ijfirm:v:9:y:2019:i:3-4:p:69-89
    as

    Download full text from publisher

    File URL: https://journalfirm.com/journal/198/download
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Dovers, Stephen R., 1995. "A framework for scaling and framing policy problems in sustainability," Ecological Economics, Elsevier, vol. 12(2), pages 93-106, February.
    2. Szerb Laszlo A. & Acs Zoltan & Autio Erkko, 2013. "Entrepreneurship and Policy: The National System of Entrepreneurship in the European Union and in Its Member Countries," Entrepreneurship Research Journal, De Gruyter, vol. 3(1), pages 9-34, January.
    3. Charis Michael Vlados & Nikolaos Deniozos & Demosthenes Chatzinikolaou & Michail Demertzis, 2018. "Towards an Evolutionary Understanding of the Current Global Socio-economic Crisis and Restructuring: From a Conjunctural to a Structural and Evolutionary Perspective," Research in World Economy, Research in World Economy, Sciedu Press, vol. 9(1), pages 15-33, June.
    4. Luciana Lazzeretti & Silvia Rita Sedita & Annalisa Caloffi, 2014. "Founders and disseminators of cluster research," Journal of Economic Geography, Oxford University Press, vol. 14(1), pages 21-43, January.
    5. Charis Vlados & Nikolaos Deniozos & Demosthenes Chatzinikolaou & Michail Demertzis, 2018. "Perceiving Competitiveness under the Restructuring Process of Globalization," International Journal of Business and Management, Canadian Center of Science and Education, vol. 13(8), pages 135-135, June.
    6. Atkinson, Michael M. & Coleman, William D., 1989. "Strong States and Weak States: Sectoral Policy Networks in Advanced Capitalist Economies," British Journal of Political Science, Cambridge University Press, vol. 19(1), pages 47-67, January.
    7. World Bank, 2018. "Doing Business 2018," World Bank Publications - Books, The World Bank Group, number 28608, December.
    8. Charalambos Vlados & Fotios Katimertzopoulos, 2018. "Assessing Meso and Micro-Competitiveness Boosting Policies, in Stra.Tech.Man Terms," International Journal of Business and Social Research, LAR Center Press, vol. 8(9), pages 1-15, September.
    9. Zezza, Alberto & Llambi, Luis, 2002. "Meso-Economic Filters Along the Policy Chain: Understanding the Links Between Policy Reforms and Rural Poverty in Latin America," World Development, Elsevier, vol. 30(11), pages 1865-1884, November.
    10. International Finance Corporation & World Bank, 2013. "Doing Business 2013 : Smarter Regulations for Small and Medium-Size Enterprises [Regulaciones inteligentes para las pequeñas y medianas empresas : resumen ejecutivo (Vol. 2)]," World Bank Publications - Books, The World Bank Group, number 11857, December.
    11. World Bank & International Finance Corporation, 2013. "Doing Business 2014 : Understanding Regulations for Small and Medium-Size Enterprises," World Bank Publications - Books, The World Bank Group, number 16204, December.
    12. Francesca Froy, 2013. "Global policy developments towards industrial policy and skills: skills for competitiveness and growth," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 29(2), pages 344-360, SUMMER.
    13. International Finance Corporation & World Bank, 2012. "Doing Business 2012 : Doing Business in a More Transparent World," World Bank Publications - Books, The World Bank Group, number 5907, December.
    14. Vlados, Charis, 2019. "Porter’s Diamond Approaches and the Competitiveness Web," DUTH Research Papers in Economics 20-2019, Democritus University of Thrace, Department of Economics.
    15. Vlados, Charis & Chatzinikolaou, Dimos, 2019. "The Multiple Perception of Innovation: The Case of Micro and Small Enterprises in the Region of Eastern Macedonia and Thrace," DUTH Research Papers in Economics 3-2019, Democritus University of Thrace, Department of Economics.
    16. International Finance Corporation & World Bank, 2008. "Doing Business 2009 : Comparing Regulation in 181 Economies," World Bank Publications - Books, The World Bank Group, number 6313, December.
    17. R. Rupeika-Apoga & S.H. Zaidi & Y.E. Thalassinos & E.I. Thalassinos, 2018. "Bank Stability: The Case of Nordic and Non-Nordic Banks in Latvia," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 39-55.
    18. Ken Warwick, 2013. "Beyond Industrial Policy: Emerging Issues and New Trends," OECD Science, Technology and Industry Policy Papers 2, OECD Publishing.
    19. repec:wbk:wboper:13331 is not listed on IDEAS
    20. International Finance Corporation & World Bank, "undated". "Doing Business in the Arab World 2012 : Doing Business in a More Transparent World," World Bank Publications - Reports 16303, The World Bank Group.
    21. Michael Howlett, 2009. "Governance modes, policy regimes and operational plans: A multi-level nested model of policy instrument choice and policy design," Policy Sciences, Springer;Society of Policy Sciences, vol. 42(1), pages 73-89, February.
    22. World Bank, 2019. "Doing Business 2019," World Bank Publications - Books, The World Bank Group, number 30438, December.
    23. International Finance Corporation & World Bank, 2009. "Doing Business 2010 : Reforming through Difficult Times - Comparing Regulation in 183 Economies," World Bank Publications - Books, The World Bank Group, number 2562, December.
    24. Charis Vlados & Dimos Chatzinikolaou, 2019. "Business ecosystems policy in Stra.Tech.Man terms: The case of the Eastern Macedonia and Thrace region," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 15(3), pages 163-197.
    25. Isti Raafaldini Mirzanti & Togar M. Simatupang & Dwi Larso, 2015. "Entrepreneurship policy implementation model in Indonesia," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 26(4), pages 399-415.
    26. repec:ers:journl:v:vi:y:2018:i:2:p:39-55 is not listed on IDEAS
    27. World Bank & International Finance Corporation, "undated". "Doing Business in Italy 2013 : Smarter Regulations for Small and Medium-Size Enterprises," World Bank Publications - Reports 13332, The World Bank Group.
    28. Julien Jourdan & Ilze Kivleniece, 2017. "Too Much of a Good Thing? The Dual Effect of Public Sponsorship on Organizational Performance," Post-Print hal-01488178, HAL.
    29. Anders Lundström & Lois A. Stevenson, 2005. "Entrepreneurship Policy: Theory and Practice," International Studies in Entrepreneurship, Springer, number 978-0-387-24202-6, December.
    30. Charalambos Vlados & Fotios Katimertzopoulos, 2018. "Assessing Meso and Micro-Competitiveness Boosting Policies, in Stra.Tech.Man Terms," International Journal of Business and Social Research, MIR Center for Socio-Economic Research, vol. 8(9), pages 1-15, September.
    31. Dutz, Mark A. & Ordover, Janusz A. & Willig, Robert D., 2000. "Entrepreneurship, access policy and economic development: Lessons from industrial organization," European Economic Review, Elsevier, vol. 44(4-6), pages 739-747, May.
    32. World Bank & International Finance Corporation, "undated". "Doing Business in the East African Community 2013 : Smarter Regulation for Small and Medium-Size Enterprises," World Bank Publications - Reports 16246, The World Bank Group.
    Full references (including those not matched with items on IDEAS)

    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. Charis Vlados & Dimos Chatzinikolaou & Michail Demertzis, 2020. "The Case of the European South on Entrepreneurship Enhancement Policies," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 10(1), pages 45-56.
    2. Zuzana Novotn & Petra nov & Adriana Laputkov, 2016. "Evaluation of the Quality of Governance in African Countries using Aggregate Indicators," International Journal of Economics and Financial Issues, Econjournals, vol. 6(2), pages 682-687.
    3. Charis Vlados & Dimos Chatzinikolaou & Michail Demertzis, 2019. "Policies to Foster Entrepreneurship: Elements from the European Experience in the Integrated Micro-Meso-Macro Analytical Perspective," Journal of Entrepreneurship and Business Innovation, Macrothink Institute, Journal of Entrepreneurship and Business Innovation, vol. 6(2), pages 1-47, December.
    4. Egger, Peter H. & Erhardt, Katharina & Keuschnigg, Christian, 2020. "Heterogeneous tax sensitivity of firm-level investments," Journal of Economic Behavior & Organization, Elsevier, vol. 176(C), pages 512-538.
    5. Emenalo, Chukwunonye O. & Gagliardi, Francesca, 2020. "Is current institutional quality linked to legal origins and disease endowments? Evidence from Africa," Research in International Business and Finance, Elsevier, vol. 52(C).
    6. Nora Aboushady & Chahir Zaki, 2016. "Investment Climate and Firms’ Exports in Egypt: When Politics Matter," Working Papers 1071, Economic Research Forum, revised 12 2016.
    7. Eduardo Araral, 2014. "Policy and regulatory design for developing countries: a mechanism design and transaction cost approach," Policy Sciences, Springer;Society of Policy Sciences, vol. 47(3), pages 289-303, September.
    8. Campos,Francisco Moraes Leitao & Goldstein,Markus P. & Mckenzie,David J. & Campos,Francisco Moraes Leitao & Goldstein,Markus P. & Mckenzie,David J., 2015. "Short-term impacts of formalization assistance and a bank information session on business registration and access to finance in Malawi," Policy Research Working Paper Series 7183, The World Bank.
    9. Luca Bettarelli & Tommaso Rooms, 2022. "Regional heterogeneity in the business environment: the case of Italy," Regional Economy, , vol. 6(Q1), pages 50-60.
    10. Yannis M. Ioannides & Christopher A. Pissarides, 2015. "Is the Greek Crisis One of Supply and Demand?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 46(2 (Fall)), pages 349-373.
    11. Régis Blazy & Nicolae Stef, 2020. "Bankruptcy procedures in the post-transition economies," European Journal of Law and Economics, Springer, vol. 50(1), pages 7-64, August.
    12. Oyunbadam Davaakhuu & Kishor Sharma & Yapa M.W.Y Bandara, 2014. "Foreign Direct Investment in a Transition Economy: Lessons from the Experience of Mongolia," Global Business Review, International Management Institute, vol. 15(4), pages 663-675, December.
    13. Wu Juan & Li Yaokuang, 2020. "An Exploratory Cross-Country Analysis of Female Entrepreneurial Activity: The Roles of Gendered Institutions," Entrepreneurship Research Journal, De Gruyter, vol. 10(3), pages 1-20, July.
    14. R. Sandra Schillo & Ajax Persaud & Meng Jin, 2016. "Entrepreneurial readiness in the context of national systems of entrepreneurship," Small Business Economics, Springer, vol. 46(4), pages 619-637, April.
    15. Kondylis,Florence & Stein,Mattea, 2018. "The speed of justice," Policy Research Working Paper Series 8372, The World Bank.
    16. Filipe, Sara Ferreira & Grammatikos, Theoharry & Michala, Dimitra, 2016. "Forecasting distress in European SME portfolios," Journal of Banking & Finance, Elsevier, vol. 64(C), pages 112-135.
    17. Brixiová, Zuzana & Ncube, Mthuli & Bicaba, Zorobabel, 2015. "Skills and Youth Entrepreneurship in Africa: Analysis with Evidence from Swaziland," World Development, Elsevier, vol. 67(C), pages 11-26.
    18. Nora Aboushady & Chahir Zaki, 2019. "Investment climate and Trade Margins in Egypt: Which Factors Do Matter?," Economics Bulletin, AccessEcon, vol. 39(4), pages 2275-2301.
    19. Siow Yue Chia, 2014. "The ASEAN Economic Community: progress, challenges, and prospects," Chapters, in: Richard Baldwin & Masahiro Kawai & Ganeshan Wignaraja (ed.), A World Trade Organization for the 21st Century, chapter 10, pages 269-315, Edward Elgar Publishing.
    20. Charis Vlados & Dimos Chatzinikolaou, 2020. "Stra.Tech.Man innovation, HRM and Perception of Educational Needs in Underdeveloped Business Ecosystems: The Case of Retail Sector Firms in Eastern Macedonia and Thrace," International Journal of Human Resource Studies, Macrothink Institute, vol. 10(2), pages 330354-3303, December.

    More about this item

    Keywords

    Entrepreneurship policies; micro-meso-macro analysis; “Doing Business”.;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • F68 - International Economics - - Economic Impacts of Globalization - - - Policy
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

    Statistics

    Access and download statistics

    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:ers:ijfirm:v:9:y:2019:i:3-4:p:69-89. 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: Marios Agiomavritis (email available below). General contact details of provider: https://journalfirm.com/ .

    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.