Entrepreneurship and Innovation Enhancement Policies in the Micro-Meso and the Macro Level: A Preliminary Review

Dimos Chatzinikolaou, Charis Vlados and Theodore Koutroukis ()
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Theodore Koutroukis: Democritus University of Thrace, Department of Economics, Postal: Department of Economics, University Campus, Komotini, 69100, Greece

No 14-2021, DUTH Research Papers in Economics from Democritus University of Thrace, Department of Economics

Abstract: Entrepreneurship and the resulting innovation should be at the developmental epicenter for the different socio-economic systems. By analyzing the various levels of understanding and practical implementation of policies to enhance entrepreneurship and innovation, this article aims at a first classification and categorization of these. This article analyzes the concepts of innovation and entrepreneurship and the classification of policies to stimulate them. We argue that the micro-meso entrepreneurship policy domain is the most decisive because it produces and reproduces knowledge within businesses and today’s globalized industries. This knowledge is critical to innovation, especially in the current conditions of the current COVID-19 crisis where traditional industries lose market shares. This classification of policies to enhance entrepreneurship and innovation is the first step in distinguishing the best practices suggested by the scholarly literature in conjunction with applied examples.

Keywords: entrepreneurship; innovation; micro-meso; macrolevel; entrepreneurship policy; innovation policy (search for similar items in EconPapers)
JEL-codes: L26 O39 (search for similar items in EconPapers)
Pages: 9 pages
Date: 2022-11-20
New Economics Papers: this item is included in nep-ban, nep-cse and nep-sbm
Note: In Ntokas, I., & Hazakis, K. (Eds), Scientific Workshop of the Department of Economics: Volume of Scientific Contributions (pp. 51-60). Proceedings of the 4th Two-day Research Workshop of the Department of Economics, Democritus University of Thrace, 16-17 October, 2020. Athens: Papazisi Publications
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