Ambiguity, Imitation, and Innovation: Notes on the Conceptual and Operational Facets of the EU Approach to Entrepreneurship Policy

Posted: 11 Nov 2009

See all articles by Paul Dragos Aligica

Paul Dragos Aligica

George Mason University - Mercatus Center

Mirela State

affiliation not provided to SSRN

Date Written: 2005

Abstract

Presents an overview and analysis of theconceptual basis and the main policy-design principles of the European Union(EU) approach to entrepreneurship policy, which includes small and medium-sizedenterprises (SMEs), innovation, and competitiveness.The first stages ofpolicydevelopment - conceptualization and operationalization - areemphasized. A source of ambiguity and confusion in EU policy is defining therelationship between entrepreneurship and SMEs, and between entrepreneurship aspsychological dimension, economic process, and social organization. The conceptual and programmatic background for EU enterprise policy includesanincreasing shift toward creating favorable "frameworkconditions" for businesses, and a quantitative targets strategy forpromoting SMEs. Comparison with the United States has become a referencepoint for identifying policy areas to be targeted. Each EU member is supposedto make a political commitment to achieving those targets. EU areas ofaction are developing business support networks, financial instruments, andpolicy development. Five program areas are identified: enhancing knowledge-basedcompetitiveness, promoting entrepreneurship, simplifying regulatory environmnt,improving financial environment, and easier access to support services. Theanalysisconcludes that the EU does not have a central vision or strategy;however, the ad hoc innovative approach, consisting of national levelexperiments, may be a strength. (TNM)

Keywords: Entrepreneurship policy, Regional policies, Economic policies, Public policies, Policy analysis

Suggested Citation

Aligica, Paul Dragos and State, Mirela, Ambiguity, Imitation, and Innovation: Notes on the Conceptual and Operational Facets of the EU Approach to Entrepreneurship Policy (2005). University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship, Available at SSRN: https://ssrn.com/abstract=1503861

Paul Dragos Aligica (Contact Author)

George Mason University - Mercatus Center ( email )

3434 Washington Blvd., 4th Floor
Arlington, VA 22201
United States

Mirela State

affiliation not provided to SSRN

No Address Available

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