IDEAS home Printed from https://ideas.repec.org/p/ris/duthrp/2017_002.html
   My bibliography  Save this paper

Towards a New Approach of Local Development Under Crisis Conditions: Empowering the Local Business Ecosystems in Greece, by Adopting a New Local Development Policy

Author

Listed:
  • Vlados, Charis

    (Democritus University of Thrace, Department of Economics)

  • Deniozos, Nikolaos

    (National and Kapodistrian University of Greece - Department of Turkish Studies and Modern Asian Studies)

  • Chatzinikolaou, Dimos

    (Democritus University of Thrace, Department of Economics)

Abstract

The competitiveness of the Greek economy evolves, both in the present crisis and later on, according to the dynamic micro-level environment and its transformations. This evolution depends on the SME’s abilities to claim a significant role in the new, competitive global environment, which is characterized by a continuous reshaping process. Respectively, the goal of achieving development in the local scale is of vital importance. This paper attempts to approach and highlight a new framework, by proposing a new business ecosystems approach and policy, focusing on the implementation of a method for strengthening the SME’s physiology. This method proposes the construction of systematic knowledge and innovation mechanisms, on a local scale; the Local Development and Innovation Institutes (LDI’s). Subsequently, we analyze the regional data in Greece in order to highlight the most affected by the crisis region and to experimentally establish the Local Development Institutes.

Suggested Citation

  • Vlados, Charis & Deniozos, Nikolaos & Chatzinikolaou, Dimos, 2017. "Towards a New Approach of Local Development Under Crisis Conditions: Empowering the Local Business Ecosystems in Greece, by Adopting a New Local Development Policy," DUTH Research Papers in Economics 2-2017, Democritus University of Thrace, Department of Economics.
  • Handle: RePEc:ris:duthrp:2017_002
    Note: International Journal of Regional Development, 5(1), 1–24, 2017
    as

    Download full text from publisher

    File URL: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3362076
    File Function: Full text
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Zoltan Acs & László Szerb & Erkko Autio, 2017. "The Global Entrepreneurship Index," SpringerBriefs in Economics, in: Global Entrepreneurship and Development Index 2016, chapter 0, pages 19-38, Springer.
    2. Zoltán J. Ács & László Szerb & Esteban Lafuente & Ainsley Lloyd, 2018. "The Global Entrepreneurship and Development Index," SpringerBriefs in Economics, in: Global Entrepreneurship and Development Index 2018, chapter 0, pages 21-37, Springer.
    3. Katimertzopoulos, F. & Vlados, Ch., 2017. "Local Support Mechanisms for Entrepreneurship: The Approach of Local Development and Innovation Institutions," International Journal of Business and Economic Sciences Applied Research (IJBESAR), International Hellenic University (IHU), Kavala Campus, Greece (formerly Eastern Macedonia and Thrace Institute of Technology - EMaTTech), vol. 10(1), pages 30-41, March.
    4. Zoltan J. Acs & László Szerb & Ainsley Lloyd, 2017. "Global Entrepreneurship and Development Index 2017," SpringerBriefs in Economics, Springer, number 978-3-319-65903-9, October.
    5. Zoltan Acs & László Szerb & Erkko Autio, 2017. "Introduction to the Global Entrepreneurship Index," SpringerBriefs in Economics, in: Global Entrepreneurship and Development Index 2016, chapter 0, pages 1-2, Springer.
    6. Vlados, Charis, 2012. "The Search of Competitiveness and the Entrepreneurial Evolution in a Global Environment: Toward a New Approach of Development Dynamics Based on the Case of Greek Productive System," DUTH Research Papers in Economics 6-2012, Democritus University of Thrace, Department of Economics.
    7. Zoltan Acs & László Szerb & Erkko Autio, 2017. "Global Entrepreneurship and Development Index 2016," SpringerBriefs in Economics, Springer, number 978-3-319-63844-7, 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. 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.

    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. Pindado, Emilio & Sánchez, Mercedes & García Martínez, Marian, 2023. "Entrepreneurial innovativeness: When too little or too much agglomeration hurts," Research Policy, Elsevier, vol. 52(1).
    2. Khan, Muhammad Salar, 2022. "Absorptive capacities and economic growth in low- and middle-income economies," Structural Change and Economic Dynamics, Elsevier, vol. 62(C), pages 156-188.
    3. Thomas Neumann, 2023. "Are greener start-ups of superior quality? The impact of environmental orientation on innovativeness, growth orientation, and international orientation," Journal of Innovation and Entrepreneurship, Springer, vol. 12(1), pages 1-24, December.
    4. Audretsch, David Bruce & Belitski, Maksim & Guerrero, Maribel, 2023. "Sustainable orientation management and institutional quality: Looking into European entrepreneurial innovation ecosystems," Technovation, Elsevier, vol. 124(C).
    5. Dorine Cornet & Jean Bonnet & Sébastien Bourdin, 2023. "Digital entrepreneurship indicator (DEI): an analysis of the case of the greater Paris metropolitan area," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 71(3), pages 697-724, December.
    6. Assmann, Daisy & Ehrl, Philipp, 2021. "Individualistic culture and entrepreneurial opportunities," Journal of Economic Behavior & Organization, Elsevier, vol. 188(C), pages 1248-1268.
    7. Antonia Nörthemann, 2023. "Industry-specific specialization in venture capitalists’ internationalization decisions," Journal of Business Economics, Springer, vol. 93(5), pages 891-927, July.
    8. Mohamed Abouelhassan Ali & Moaaz Kabil & Rahaf Alayan & Róbert Magda & Lóránt Dénes Dávid, 2021. "Entrepreneurship Ecosystem Performance in Egypt: An Empirical Study Based on the Global Entrepreneurship Index (GEI)," Sustainability, MDPI, vol. 13(13), pages 1-22, June.
    9. David B. Audretsch, 2021. "The Legacy of Zoltan J. Acs," Small Business Economics, Springer, vol. 57(4), pages 1623-1628, December.
    10. Grădinaru Cătălin & Toma Sorin-George & Papuc Răzvan, 2017. "Entrepreneurship in the World: The Analysis of the Global Entrepreneurship Index in the Period 2015-2017," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 14-18, December.
    11. Xu, Feng & Kellermanns, Franz W. & Jin, Linlin & Xi, Jing, 2020. "Family support as social exchange in entrepreneurship: Its moderating impact on entrepreneurial stressors-well-being relationships," Journal of Business Research, Elsevier, vol. 120(C), pages 59-73.
    12. Mark Sanders, 2022. "Enter the Prince of Denmark: Entrepreneurship for a Resilient and Sustainable Economy," Small Business Economics, Springer, vol. 59(3), pages 773-779, October.
    13. Stephanie Birkner, 2020. "To belong or not to belong, that is the question?! Explorative insights on liminal gender states within women’s STEMpreneurship," International Entrepreneurship and Management Journal, Springer, vol. 16(1), pages 115-136, March.
    14. Galvão, Ana & Pinheiro, Marco, 2017. "Pragmatism, Need For Comfort And Need For Acceptance -Psychological Traits For Successful Entrepreneurship In Portugal," Journal of Tourism, Sustainability and Well-being, Cinturs - Research Centre for Tourism, Sustainability and Well-being, University of Algarve, vol. 5(3), pages 264-277.
    15. Valerie Mendonca & Rajesh Jain, 2019. "Boom Country? The New Wave of Indian Enterprise," Vikalpa: The Journal for Decision Makers, , vol. 44(1), pages 55-57, March.
    16. Xiaoke Zhang, 2020. "The institutional structuring of innovation policy coordination: theory and evidence from East Asia," Policy Sciences, Springer;Society of Policy Sciences, vol. 53(1), pages 101-138, March.
    17. Deniz Tunçalp & Nihan Yıldırım, 2022. "Sustainable Entrepreneurship: Mapping the Business Landscape for the Last 20 Years," Sustainability, MDPI, vol. 14(7), pages 1-21, March.
    18. Efstathios Kaloulis & Dimitrios Zarakovitis & Athina Lazakidou, 2019. "Mapping Start-up Businesses and Analyzing the Perspectives of Establishing a Greek Healthcare Start-up Company," Business & Entrepreneurship Journal, SCIENPRESS Ltd, vol. 8(2), pages 1-1.
    19. Muhammad Salar Khan, 2021. "Absorptive capacities and economic growth in low and middle income economies," Papers 2109.11550, arXiv.org.
    20. Ramona – Diana Leon, 2017. "Developing Entrepreneurial Skills. An Educational and Intercultural Perspective," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 14(4), pages 97-121.

    More about this item

    Keywords

    Local Development & Innovation Institutes; LDIs; Business Ecosystems; SMEs; Greece;
    All these keywords.

    JEL classification:

    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and 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:ris:duthrp:2017_002. 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: Periklis Gogas (email available below). General contact details of provider: https://edirc.repec.org/data/didutgr.html .

    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.