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

Author

Listed:
  • Chatzinikolaou, Dimos

    (Democritus University of Thrace, Department of Economics)

  • Vlados, Charis

    (Democritus University of Thrace, Department of Economics)

  • Koutroukis, Theodore

    (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.

Suggested Citation

  • Chatzinikolaou, Dimos & Vlados, Charis & Koutroukis, Theodore, 2022. "Entrepreneurship and Innovation Enhancement Policies in the Micro-Meso and the Macro Level: A Preliminary Review," DUTH Research Papers in Economics 14-2021, Democritus University of Thrace, Department of Economics.
    • Handle: RePEc:ris:duthrp:2021_014
    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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    More about this item

    Keywords

    entrepreneurship; innovation; micro-meso; macrolevel; entrepreneurship policy; innovation policy;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O39 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Other

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