IDEAS home Printed from https://ideas.repec.org/p/ris/duthrp/2021_005.html
   My bibliography  Save this paper

European entrepreneurship reinforcement policies in macro, meso, and micro terms for the post-COVID-19 era

Author

Listed:
  • Chatzinikolaou, Dimos

    (Democritus University of Thrace, Department of Economics)

  • Demertzis, Michail

    (Democritus University of Thrace, School of Law)

  • Vlados, Charis

    (Democritus University of Thrace, Department of Economics)

Abstract

In today’s unprecedented transformation in the global socio-economic system caused by the COVID-19 pandemic crisis and the escalating fourth industrial revolution, reinforcing innovative entrepreneurship appears a significant policy objective that can lead to overall socio-economic development. In this drastically changed context, entrepreneurship support policies seem that they need to be both conceptually and practically readjusted, simultaneously at the macro, meso, and micro levels. This paper investigates the case of public entrepreneurship policies in the European Union (EU), aiming to find specific patterns and suggest a new multilevel policy framework. Initially, the article offers a brief overview of the related trends created in the emerging post-COVID-19 era. Next, the “competitiveness web” perspective in terms of “macro-meso-micro” level synthesis is presented, considering that it can function as a theoretical framework for entrepreneurship reinforcement. Recent EU entrepreneurship support policy guidelines are then explored, emphasizing the latest trends and the development opportunities arising with the EU Recovery and Resilience Facility establishment to deal with the consequences of the current health and socio-economic crisis. Upon this basis, the paper concludes in a proposal for an integrated “macro-meso-micro” policy, placing at the epicenter the mechanism of the Institutes of Local Development and Innovation (ILDI). This policy aims to strengthen the spatially-located firms to reposition and readapt the “Stra.Tech.Man” potential they have and activate in their local business ecosystem (strategy-technology-management synthesis).

Suggested Citation

  • Chatzinikolaou, Dimos & Demertzis, Michail & Vlados, Charis, 2021. "European entrepreneurship reinforcement policies in macro, meso, and micro terms for the post-COVID-19 era," DUTH Research Papers in Economics 5-2021, Democritus University of Thrace, Department of Economics.
    • Handle: RePEc:ris:duthrp:2021_005
    Note: Review of European Studies. Vol. 13, No. 2, pp. 39-56.
    as

    Download full text from publisher

    File URL: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3821678
    File Function: Full text
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. David B. Audretsch & Isabel Grilo & A. Roy Thurik (ed.), 2007. "Handbook of Research on Entrepreneurship Policy," Books, Edward Elgar Publishing, number 3856.
    2. Zahra, Shaker A., 2021. "International entrepreneurship in the post Covid world," Journal of World Business, Elsevier, vol. 56(1).
    3. Michael Peneder, 2017. "Competitiveness and industrial policy: from rationalities of failure towards the ability to evolve," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 41(3), pages 829-858.
    4. 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.
    5. Snyder, Hannah, 2019. "Literature review as a research methodology: An overview and guidelines," Journal of Business Research, Elsevier, vol. 104(C), pages 333-339.
    6. Elvira Uyarra & Kieron Flanagan, 2010. "From Regional Systems of Innovation to Regions as Innovation Policy Spaces," Environment and Planning C, , vol. 28(4), pages 681-695, August.
    7. G. M.P. Swann, 2009. "The Economics of Innovation," Books, Edward Elgar Publishing, number 13211.
    8. Montek S. Ahluwalia, 2015. "Role of economists in policy-making," WIDER Working Paper Series 144, World Institute for Development Economic Research (UNU-WIDER).
    9. Montek S. Ahluwalia, 2015. "Role of economists in policy-making," WIDER Working Paper Series wp-2015-144, World Institute for Development Economic Research (UNU-WIDER).
    10. Anker, Thomas Boysen, 2021. "At the boundary: Post-COVID agenda for business and management research in Europe and beyond," European Management Journal, Elsevier, vol. 39(2), pages 171-178.
    11. A. Ya. Zaporozhan, 2021. "Economic Stability and (or) Economic Growth," Administrative Consulting, Russian Presidential Academy of National Economy and Public Administration. North-West Institute of Management., issue 11.
    12. David B. Audretsch & Iris A.M. Beckmann, 2007. "From Small Business to Entrepreneurship Policy," Chapters, in: David B. Audretsch & Isabel Grilo & A. Roy Thurik (ed.), Handbook of Research on Entrepreneurship Policy, chapter 3, Edward Elgar Publishing.
    13. Albert N. Link, 2007. "Public Policy and Entrepreneurship," Chapters, in: David B. Audretsch & Isabel Grilo & A. Roy Thurik (ed.), Handbook of Research on Entrepreneurship Policy, chapter 7, Edward Elgar Publishing.
    14. Dean A. Shepherd, 2020. "COVID 19 and Entrepreneurship: Time to Pivot?," Journal of Management Studies, Wiley Blackwell, vol. 57(8), pages 1750-1753, December.
    15. Hanna Godlewska-Majkowska & Agnieszka Komor & Magdalena Typa, 2016. "Special Economic Zones as Growth and Anti-growth Poles as Exemplified by Polish Regions," Entrepreneurial Business and Economics Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 4(4), pages 189-212.
    16. Anders Lundström & Lois A. Stevenson, 2005. "Entrepreneurship Policy: Theory and Practice," International Studies in Entrepreneurship, Springer, number 978-0-387-24202-6, December.
    17. Timmer, C. Peter, 2000. "The macro dimensions of food security: economic growth, equitable distribution, and food price stability," Food Policy, Elsevier, vol. 25(3), pages 283-295, June.
    18. Georgios Fotopoulos & David J. Storey, 2019. "Public policies to enhance regional entrepreneurship: another programme failing to deliver?," Small Business Economics, Springer, vol. 53(1), pages 189-209, June.
    19. Mari Jose Aranguren & Edurne Magro & James R Wilson, 2017. "Regional competitiveness policy evaluation as a transformative process: From theory to practice," Environment and Planning C, , vol. 35(4), pages 703-720, June.
    20. Siri Terjesen, 2021. "Entrepreneurial Finance: Research, Practice, and Policy for Post-Covid-19 Economic Recovery," JRFM, MDPI, vol. 14(1), pages 1-4, January.
    21. David B. Audretsch, 2007. "From small business promotion to creating an entrepreneurial society," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 8(02), pages 3-6, July.
    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. Khan Muhammad Asif, 2021. "Trends and Future of Corporate Entrepreneurship in Indonesia in the Post-Pandemic Era by Using Descriptive Quantitative and Cross-sectional Study," Journal of Intercultural Management, Sciendo, vol. 13(3), pages 95-108, September.
    2. Cayetano Medina Molina & Domingo Ribeiro Soriano & Cristina Blanco González-Tejero, 2023. "Multi-level corporate entrepreneurship in SMEs: an intra-metropolitan analysis," Review of Managerial Science, Springer, vol. 17(7), pages 2185-2213, October.

    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. Ondřej Dvouletý & Stjepan Srhoj & Smaranda Pantea, 2021. "Public SME grants and firm performance in European Union: A systematic review of empirical evidence," Small Business Economics, Springer, vol. 57(1), pages 243-263, June.
    2. Rolf Sternberg, 2022. "Entrepreneurship and geography—some thoughts about a complex relationship," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 69(3), pages 559-584, December.
    3. Kolympiris, Christos & Kalaitzandonakes, Nicholas & Miller, Douglas, 2015. "Location choice of academic entrepreneurs: Evidence from the US biotechnology industry," Journal of Business Venturing, Elsevier, vol. 30(2), pages 227-254.
    4. Daniele Schiliro, 2015. "Innovation in Small and Medium Enterprises in the United Arab Emirates," International Journal of Social Science Studies, Redfame publishing, vol. 3(5), pages 148-160, September.
    5. Rotger, Gabriel Pons & Gørtz, Mette & Storey, David J., 2012. "Assessing the effectiveness of guided preparation for new venture creation and performance: Theory and practice," Journal of Business Venturing, Elsevier, vol. 27(4), pages 506-521.
    6. Michael Peneder, 2009. "The Meaning of Entrepreneurship: A Modular Concept," Journal of Industry, Competition and Trade, Springer, vol. 9(2), pages 77-99, June.
    7. Boris Urban & Zethu Dlamini, 2020. "Intersections between policy and institutions: a focus on enterprise growth in Swaziland," Journal of Entrepreneurship and Public Policy, Emerald Group Publishing Limited, vol. 9(3), pages 253-275, April.
    8. Andreas Kuckertz & Leif Brändle, 2022. "Creative reconstruction: a structured literature review of the early empirical research on the COVID-19 crisis and entrepreneurship," Management Review Quarterly, Springer, vol. 72(2), pages 281-307, June.
    9. Justin Yifu Lin & Célestin Monga & Samuel Standaert, 2019. "The Inclusive Sustainable Transformation Index," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 143(1), pages 47-80, May.
    10. 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.
    11. Shuai Shao & Zhigao Hu & Jianhua Cao & Lili Yang & Dabo Guan, 2020. "Environmental Regulation and Enterprise Innovation: A Review," Business Strategy and the Environment, Wiley Blackwell, vol. 29(3), pages 1465-1478, March.
    12. Alberto Arenal & Claudio Feijoo & Ana Moreno & Cristina Armuña & Sergio Ramos, 2019. "An academic perspective on the entrepreneurship policy agenda: themes, geographies and evolution," Journal of Entrepreneurship and Public Policy, Emerald Group Publishing Limited, vol. 9(1), pages 65-93, December.
    13. Claudia Ghisetti & Francesco Quatraro, 2013. "Beyond the Inducement in Climate Change: Do Environmental Performances Spur Enrivornmental Technologies? A Regional Analysis of Cross-Sectoral Differences," Working Papers 2013112, University of Ferrara, Department of Economics.
    14. Kristina Nyström, 2013. "Entrepreneurial politicians," Small Business Economics, Springer, vol. 41(1), pages 41-54, June.
    15. Magro, Edurne & Wilson, James R., 2019. "Policy-mix evaluation: Governance challenges from new place-based innovation policies," Research Policy, Elsevier, vol. 48(10).
    16. Daria Kautto, 2019. "Social influences in cross-border entrepreneurial migration policy," Journal of International Business Policy, Palgrave Macmillan, vol. 2(4), pages 397-412, December.
    17. repec:hal:wpaper:hal-00860045 is not listed on IDEAS
    18. Roth, Steffen, 2021. "The great reset of management and organization theory. A European perspective," European Management Journal, Elsevier, vol. 39(5), pages 538-544.
    19. Valentina De Marchi & Roberto Grandinetti, 2017. "Regional Innovation Systems or Innovative Regions? Evidence from Italy," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 108(2), pages 234-249, April.
    20. Boussard, J.M. & Gerard, F. & Piketty, M.G. & Christensen, A.K. & Voituriez, T., 2004. "May the pro-poor impacts of trade liberalisation vanish because of imperfect information?," Agricultural Economics, Blackwell, vol. 31(2-3), pages 297-305, December.
    21. Majumdar, Sumit K., 2015. "Competitor entry impact on jobs and wages in incumbent firms: retrospective evidence from a natural experiment," Business and Politics, Cambridge University Press, vol. 17(2), pages 291-326, August.

    More about this item

    Keywords

    Competitiveness web; Entrepreneurship support policy; EU Recovery and Resilience Facility (RRF); European integration; European public policy; ILDI; Macro-meso-micro; Post-COVID-19 era; Stra.Tech.Man approach;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • L53 - Industrial Organization - - Regulation and Industrial Policy - - - Enterprise Policy
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:2021_005. 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.