Macro, Meso, and Micro Policies for Strengthening Entrepreneurship: Towards an Integrated Competitiveness Policy
Journal of Business & Economic Policy, Vol. 7, No. 1, pp. 1-12, 2020
12 Pages Posted: 22 Apr 2020
Date Written: March 28, 2020
Abstract
This article aims to propose an integrated policy framework for competitiveness and entrepreneurship at a unified macro-meso-micro level. The article presents the evolution of the definition of competitiveness and competitiveness policy and focuses next on modern definitions of macro-policies, meso-policies, and micro-policies by presenting their conceptual synthesis based on the literature. Then, by building on the approach of “competitiveness web,” it presents the implications that such an overarching concept can have on the micro-meso-macro level of entrepreneurship strengthening policies. In this context, it leverages the “Stra.Tech.Man” approach to entrepreneurship dynamics, which implies that business innovation derives from the synthesis of the innate spheres of strategy, technology, and management. At the same time, it proposes the micro-meso-level policy of “Local Development and Innovation Institutes” in the overall context of the competitiveness web. The proposed “competitiveness web” policy framework can address the issue of fostering entrepreneurship in today’s environment of globalization because it takes into account all the building blocks of socio-economic systems by describing the general framework of the policies at the micro-meso-macro socioeconomic levels.
Keywords: Competitiveness policy, entrepreneurship policy, socio-economic development, micro-meso-macro, competitiveness web, Stra.Tech.Man approach, Institutes of Local Development and Innovation.
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