Macro, Meso, and Micro Policies for Strengthening Entrepreneurship: Towards an Integrated Competitiveness Policy

Vlados, Charis; Chatzinikolaou, Dimos

doi:10.30845/jbep.v7n1a1

Cited by 9 publications

(3 citation statements)

References 33 publications

(34 reference statements)

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“…In relation to the financial policy of economic entities, mainly applied works are presented in the domestic economic literature. This makes it necessary to dwell on microeconomic financial policy's conceptual apparatus with the allocation of objective and subjective (imperative) principles in it (Vlados & Chatzinikolaou, 2020). In this case, the conceptual apparatus should be traced along the entire chain of interrelated concepts: finance -financial relations -financial management -financial policy -a financial mechanism.…”

Section: Resultsmentioning

confidence: 99%

Objective and imperative meaning of financial policy at micro level

Bokareva¹,

Silaeva²,

Sanginova³

et al. 2021

EA-XXI

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Nowadays, financial policy is a form of ideology and goal-setting implementation in the financial issues at any management levels (interstate formation, national economy, region, business entity, household), including the methods of financial resource mobilization, income, and expense structuring, legal regulations, assessing the impact of the controlled object on the economy. Financial policy is an enterprise goal-setting implementation concerning the micro-level (the level of business entities), including generating income and expenses, structuring, internal regulations, and assessments. The study aims to analyze the objective and imperative content of financial policy at the micro-level in the year 2020. With this purpose, we employ techniques and tools of economic and logical analysis, the methods of comparison, and groupings. We have made several proposals for policies to improve economic growth, including: avoidance of policies for economic cycles, especially in times of shock to macroeconomics, guide prices at the macroeconomic level, especially interest rates and exchange rates to support development goals, pursue trade and industrial policies to create increasingly profitable economic activities, Improve financial development and efficient and effective use of international relations.

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Section: Resultsmentioning

confidence: 99%

Objective and imperative meaning of financial policy at micro level

Bokareva¹,

Silaeva²,

Sanginova³

et al. 2021

EA-XXI

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“…(Basu & Mallick, 2008;Islam et al, 1992;Sowell, 2012;Watkins, 2014) Meso-micro Meso-micro policy concerns suggested and implemented supporting measures via intermediate organizations, having the aim to link all actors that could stimulate specific entrepreneurial structures at various localities and sectoral orientations. (Falck et al, 2010;Menu, 2012;Porter, 1990;Rinkinen, 2016;Vlados & Chatzinikolaou, 2020b) Macro-meso-micro Macro-meso-micro policy is about an integrated and unified conceptualization and practice-in macro, meso, and micro levels simultaneously-directed towards achieving long-term socio-economic development goals in national, international, and supranational terms. (Dovers, 1995;Howlett, 2009;Mirzanti et al, 2015;Virtanen & Uusikylä, 2004;Vlados & Katimertzopoulos, 2018;Zezza & Llambı, 2002) According to Audretsch and Beckmann (2007), entrepreneurship support policy is a multilevel system that enables the creation and commercialization of innovative ideas.…”

Section: Macromentioning

confidence: 99%

European Entrepreneurship Reinforcement Policies in Macro, Meso, and Micro Terms for the Post-COVID-19 Era

Chatzinikolaou¹,

Demertzis²,

Vlados³

2021

RES

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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).

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“…The lifecycle of the products is now significantly shorter in the mass and flexible enterprises, while the 'fast second' can swiftly enter the market and acquire shares and eventually depose the incumbent firms (Markides and Geroski, 2004). In this context, the successful business strategy must consider the historical configuration of the always dynamic and correlational strengths and weaknesses, which co-form the internal and external organisational environment at the macro, meso, and micro levels at the same time (Dopfer et al, 2004;Peneder, 2017;Vlados and Chatzinikolaou, 2020).…”

Section: The Post-war Evolution Of Capitalism and The Global Socioeco...mentioning

confidence: 99%

Searching for a new global development trajectory after COVID-19

Vlados¹,

Chatzinikolaou²

2021

IJGENVI

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A growing number of policymakers and scholars refer to the current COVID-19 pandemic crisis as a turning point in the evolution of globalisation. Following these interpretations, a relative theoretical deficiency in analysing the contour of the newly emerging global development perspective is identified. We explore the post-war evolution of world capitalism (from World War II and beyond), focusing on the following pillars: the formation of international regimes, the generation of main types of innovation, and the successive articulation of world development and crisis phases. The current transition period of the post-COVID-19 era constitutes, in its essence, a mutational crisis of the global accumulation regime and mode of regulation, accelerating the transition towards a 'new globalisation'. The generation and application of functional, institutional, and organically perceived business innovation seems to constitute the main component for a sufficiently re-stabilised new global development trajectory.

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Macro, Meso, and Micro Policies for Strengthening Entrepreneurship: Towards an Integrated Competitiveness Policy

Cited by 9 publications

References 33 publications

Objective and imperative meaning of financial policy at micro level

Objective and imperative meaning of financial policy at micro level

European Entrepreneurship Reinforcement Policies in Macro, Meso, and Micro Terms for the Post-COVID-19 Era

Searching for a new global development trajectory after COVID-19

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