Assessing Meso and Micro-Competitiveness Boosting Policies, in Stra.Tech.Man Terms

Authors

  • Charalambos Vlados Democritus University of Thrace, School of Economics, Komotini, Greece.
  • Fotios Katimertzopoulos Democritus University of Thrace, School of Economics, Komotini, Greece.

DOI:

https://doi.org/10.18533/ijbsr.v8i9.1127

Keywords:

Competitiveness, Developmental Economic Policy, Globalization Dynamics, Local Development & Innovation Institutes (LDI), Macro-Meso-Micro Analysis, Stra.Tech.Man Approach.

Abstract

This article examines the basic conditions for the necessary redeployment of the concept of competitiveness under the current conditions of the restructuring of globalization dynamics, where national, regional and local socio-economic systems are inevitably part of an increasingly profound process of organic global reshaping. In this direction, there is a growing demand for a new logic of developmental economic policy, where the stimulation of the competitiveness of locally operating business entities, the strengthening of local productive socio-economic schemes and the increase of attractiveness for new investments, acquire progressively increasing importance in terms of planning and articulating economic policy. The composite concept of competitiveness at its three levels of analysis (macro, meso and micro-level) is being examined, and a new approach is proposed, based on the evolutionary combination of specific entrepreneurial skills, their specific socio-economic framework and the specific global industrial dynamics they embody and aim for. Finally, the Stra.Tech.Man approach and the Local Development & Innovation Institutes (LDI) are presented, as useful dimensions in the effort of strengthening the local business systems, in terms of meso and micro Competitiveness. 

Author Biographies

  • Charalambos Vlados, Democritus University of Thrace, School of Economics, Komotini, Greece.

    Dr.Charalambos Vlados- Lecturer

    Department of Economics, Democritus University of Thrace, Greece ― Lecturer,

  • Fotios Katimertzopoulos, Democritus University of Thrace, School of Economics, Komotini, Greece.

    I'm a PhD Candidate. 

    Department : School of Economics,Democritus University of Thrace,Komotini, Greece.

    My research interests focus on business culture and innovation.

     

References

Abélès, M. (2008), Anthropologie de la Globalisation, Payot, Paris.

Acemoglu, D., & Robinson, J. A. (2005). Economic origins of dictatorship and democracy. Cambridge: Cambridge University Press. https://doi.org/10.1017/CBO9780511510809

Acemoglu, D., & Robinson, J. A. (2012). Why nations fail: The origins of power, prosperity and poverty. New York: Crown Business.

Acemoglu, D., Aghion, P., & Zilibotti, F. (2006). Distance to frontier, selection, and economic growth. Journal of the European Economic association, 4(1), 37-74. https://doi.org/10.1162/jeea.2006.4.1.37

Acemoglu, D., Autor, D., Dorn, D., Hanson, G. H., & Price, B. (2016). Import competition and the great US employment sag of the 2000s. Journal of Labor Economics, 34(S1), S141-S198. https://doi.org/10.1086/682384

Acemoglu, D., Gancia, G., & Zilibotti, F. (2015). Offshoring and directed technical change. American Economic Journal: Macroeconomics, 7(3), 84-122. https://doi.org/10.1257/mac.20130302

Adda, J. (2012). La Mondialisation de l'économie. Paris: La Découverte.

Adelstein, R. (2005). Knowledge and power in the mechanical firm: Planning for profit in Austrian perpsective. The Review of Austrian Economics, 18(1), 55-82. https://doi.org/10.1007/s11138-005-5593-3

Aghion, P., & Howitt, P. (1990). A model of growth through creative destruction (No. w3223). National Bureau of Economic Research. https://doi.org/10.3386/w3223

Aghion, P., Akcigit, U., Bergeaud, A., Blundell, R., & Hémous, D. (2015). Innovation and Top Income Inequality. NBER Working Paper No. 21247. https://doi.org/10.3386/w21247

Aghion, P., Boulanger, J., & Cohen, E. (2011). Rethinking industrial policy. No. 2011/04. Brussels: Bruegel, 2011.

Alfaro, L., & Charlton, A. (2013). Growth and the quality of foreign direct investment. In Stiglitz, J. E., & Lin, J. L. (eds.). The Industrial Policy Revolution I (pp. 162-204). London: Palgrave Macmillan.

Algan, Y., Cahuc, P., & Shleifer, A. (2013). Teaching practices and social capital. American Economic Journal: Applied Economics, 5(3), 189-210. https://doi.org/10.1257/app.5.3.189

Altomonte, C., Bas, M., Bugamelli, M., Colantone, I., Fontagné, L., Forlani, E., ... & Ottaviano, G. I. (2016). Measuring competitiveness in Europe: resource allocation, granularity and trade. Bruegel Blueprint Series Volume XVIV.

Amador, J., & Cabral, S. (2016). Global value chains: A survey of drivers and measures. Journal of Economic Surveys, 30(2), 278-301. https://doi.org/10.1111/joes.12097

Amsden, A. H. (2001). The rise of "the rest": challenges to the west from late-industrializing economies. Oxford: Oxford University Press. https://doi.org/10.1093/0195139690.001.0001

Angelier, J.P. (2002). Economie industrielle, une méthode d’analyse sectorielle. Grenoble: P.U.G.

Aoki, M. (2001). Toward a comparative institutional analysis. Cambridge, Massachusetts: MIT Press.

Arkolakis, C., Ramondo, N., Rodríguez-Clare, A., & Yeaple, S. (2013). Innovation and production in the global economy (No. w18972). National Bureau of Economic Research. https://doi.org/10.3386/w18972

Assidon, E. (1992). Les théories économiques du développement. Paris: La Découverte.

Balland, P. A. (2012). Proximity and the evolution of collaboration networks: evidence from research and development projects within the global navigation satellite system (GNSS) industry. Regional Studies, 46(6), 741-756. https://doi.org/10.1080/00343404.2010.529121

Balland, P. A., Boschma, R., & Frenken, K. (2015). Proximity and innovation: From statics to dynamics. Regional Studies, 49(6), 907-920. https://doi.org/10.1080/00343404.2014.883598

Bardhan, P., & Udry, C. (1999). Development microeconomics. Oxford: Oxford University Press. https://doi.org/10.1093/0198773714.001.0001

Best, M. (1990). The new competition: Institutions of industrial restructuring. Cambridge, MA: Harvard University Press.

Bloom, N., Sadun, R., & Van Reenen, J. (2012). The organization of firms across countries. The Quarterly Journal of Economics, 127(4), 1663-1705. https://doi.org/10.1093/qje/qje029

Bosworth, B., & Triplett, J. E. (2001). What's New About the New Economy? IT, Economic Growth and Productivity. International Productivity Monitor, 2, 19-30.

Boulding, K. E. (1991). What is evolutionary economics?. Journal of Evolutionary economics, 1(1), 9-17. https://doi.org/10.1007/BF01202334

Bozio A., Irac D., & Py, L. (2014), Impact of research tax credit on R&D and innovation: Evidence from the 2008 French reform. Working Paper, no 532, Banque de France.

Breschi, S., & Lenzi, C. (2015). The role of external linkages and gatekeepers for the renewal and expansion of US cities' knowledge base, 1990–2004. Regional Studies, 49(5), 782-797. https://doi.org/10.1080/00343404.2014.954534

Broekel, T. (2012). Collaboration intensity and regional innovation efficiency in Germany—a conditional efficiency approach. Industry and Innovation, 19(2), 155-179. https://doi.org/10.1080/13662716.2012.650884

Brossard, O., & Moussa, I. (2014). The French cluster policy put to the test with differences-in-differences estimates. Economics Bulletin, 34(1), 520-529.

Brynjolfsson, E., & McAfee, A. (2015). Le deuxième âge de la machine: travail et prospérité à l’heure de la révolution technologique. Paris: Odile Jacob.

Burton, D. F. (1994). Competitiveness: Here to stay. The Washington Quarterly, 17 (4). https://doi.org/10.1080/01636609409443752.

Carlino, G., Kerr, W. R. (2015). Agglomeration and innovation, Handbook of Regional and Urban economics, 5, pp. 349-404. https://doi.org/10.1016/B978-0-444-59517-1.00006-4

Chaney, T. (2016). Networks in international trade. In Bramoullé, Y., Galleoti, A., & Rogers, B. (eds.). The Oxford Handbook of the Economics of Networks (pp. 754-775). Oxford: Oxford University Press.

Cheptea, A., Fontagné, L., & Zignago, S. (2014). European export performance. Review of World Economics, 150(1), 25-58. https://doi.org/10.1007/s10290-013-0176-z

Chesnais, F. (1986). Innovation, competitiveness and Agro-industrial Development. OECD.

Costinot, A., & Rodríguez-Clare, A. (2014). Trade theory with numbers: Quantifying the consequences of globalization. In Gopinath, G., Helpman, E., & Rogoff, K. (eds.). Handbook of international economics (Vol. 4, pp. 197-261). Amsterdam: Elsevier. https://doi.org/10.1016/B978-0-444-54314-1.00004-5

Crouch, C. (2005). Capitalist diversity and change: Recombinant governance and institutional entrepreneurs. Oxford: Oxford University Press. https://doi.org/10.1093/acprof:oso/9780199286652-.001.0001

Delapierre, M., & Milelli, C. (1995). Les Firmes multinationales. Paris: Vuibert.

Dertouzos, L., Richard, M., Lester. K., & Solow, R.M. (1989). Made in America: Regaining the productive edge. MIT Press.

Dosi, G., & Winter, S. G. (2003). Interprétation évolutionniste du changement économique. Revue économique, 54(2), 385-406. https://doi.org/10.3917/reco.542.0385

Friedman, D. (1998). Evolutionary economics goes mainstream: a review of the theory of learning in games. Journal of Evolutionary Economics, 8(4), 423-432. https://doi.org/10.1007/s001910050071

Gadrey, J., & Jany-Catrice, F. (2012), Les nouveaux indicateurs de richesse. Paris: La Découverte.

Gillis, M., Perkins, D. H., Roemer, M., & Snodgrass, D. R. (1992). Economics of development (No. Ed. 3). New York: W. W. Norton & Company, Inc.

Guellec, D. (1999). Économie de l’innovation. Paris: La Découverte.

Hall, B. H., Mairesse, J., & Mohnen, P. (2010). Measuring the returns to R&D. In Hall, B., & Rosenberg, N. (eds.). Handbook of the Economics of Innovation (Vol. 2, pp. 1033-1082). North-Holland. https://doi.org/10.1016/S0169-7218(10)02008-3

Hamel, G., & Prahalad, C. K. (1994). Competing for the future. Harvard Business Review, 72(4), 122-128.

Hannon, B. (1997). The use of analogy in biology and economics: From biology to economics, and back. Structural Change and Economic Dynamics, 8(4), 471-488. https://doi.org/10.1016/S0954-349X(97)00019-2

Hanson, G. H., Lind, N., & Muendler, M. A. (2015). The dynamics of comparative advantage (No. w21753). National bureau of economic research. https://doi.org/10.3386/w21753

Hodgson, G. M. (1993). Economics and evolution: Bringing life back into economics. Michigan: University of Michigan Press. https://doi.org/10.3998/mpub.14010

Hunt, D. (1989). Economic theories of development. Rowman & Littlefield Publishers.

Iansiti, M., & Levien, R. (2004). The keystone advantage: What the new dynamics of business ecosystems mean for strategy, innovation, and sustainability. Boston, MA: Harvard Business Press.

Jones, C. I. (2001). Was an industrial revolution inevitable? Economic growth over the very long run. Advances in macroeconomics, 1(2). https://doi.org/10.2202/1534-6013.1028

Katimertzopoulos, F., & Vlados, C. M. (2017). Local support mechanisms for entrepreneurship: The approach of local development and innovation institutions. International Journal of Business and Economic Sciences Applied Research, 10(1), 30-41. https://doi.org/10.25103/ijbesar.101.04

Krugman, P. (1991). Increasing returns and economic geography. Journal of Political Economy, 99(3), 483-499. https://doi.org/10.1086/261763

Krugman, P. (1994). Competitiveness: a dangerous obsession. Foreign Affairs, 28-44. https://doi.org/10.2307/20045917

Krugman, P. (2008). Trade and wages, reconsidered. Brookings Papers on Economic Activity, 2008(1), 103-154. https://doi.org/10.1353/eca.0.0006

Lall, S. (2001). Competitiveness, technology and skills. Edward Elgar Publishing. https://doi.org/10.4337/9781781950555

Latouche, S. (1989). L'occidentalisation du monde. Paris: La Découverte

Leromain, E., & Orefice, G. (2014). New revealed comparative advantage index: dataset and empirical distribution. International Economics, 139, 48-70. https://doi.org/10.1016/j.inteco.2014.03.003

Lin, J. Y. (2011). New structural economics: A framework for rethinking development. The World Bank Research Observer, 26(2), 193-221. https://doi.org/10.1093/wbro/lkr007

Lordon, F. (1994). Modéliser les fluctuations, le changement structurel, et les crises: Formalizing fluctuations, structural change and crisis. Revue d'économie politique, 219-257.

Maddison, A. (1995). L'économie mondiale, 1820-1992: Analyse et statistiques. OECD.

Mann, S. (2011). Sectors Matter!: Exploring mesoeconomics. New York: Springer. https://doi.org/10.1007/978-3-642-18126-9

Michalet, C. A. (1999). La Séduction des nations ou comment attirer les investissements, Paris: Economica.

Moore, J. F. (1993). Predators and prey: a new ecology of competition. Harvard business review, 71(3), 75-86.

Moore, J. F. (1998). The rise of a new corporate form. Washington Quarterly, 21(1), 167-181. https://doi.org/10.1080/01636609809550301

Morvan, Y. (1991). Fondements d’économie industrielle, qu’est-ce que c’est l’économie industrielle?. Paris: Economica.

Parker, S. C. (1996). A time series model of self-employment under uncertainty. Economica, 459-475. https://doi.org/10.2307/2555017

Peri, G. (2005). Determinants of knowledge flows and their effect on innovation. Review of Economics and Statistics, 87(2), 308-322. https://doi.org/10.1162/0034653053970258

Perroux, F. (1969). L'Économie du XXe siècle. Paris: PUF.

Petit, P. (2006). Socio-institutional changes in the post-Fordist era. In Coriat, B., Petit, P., & Schmeder, G. (eds.). The Hardship of Nations: Exploring the Paths of Modern Capitalism (pp. 103-20). Cheltenham: Edward Elgar.

Pisani-Ferry, J. (2016). Quinze Ans de politiques d'innovation en France, rapport de la Commission nationale d'évaluation des politiques d'innovation. Paris: France Stratégies.

Porter, M. (1990). The Competitive Advantage of Nations. New York: Free Press. https://doi.org/10.1007/978-1-349-11336-1

Power, T., & Jerjian, G. (2001). Ecosystem: Living the 12 principles of networked business. Financial Times Management.

Preeg, E. H. (1994). Krugmanian competitiveness: a dangerous obfuscation. Washington Quarterly, 17(4), 111-122. https://doi.org/10.1080/01636609409443753

Ravix, J. L. (2014). Localization, innovation and entrepreneurship: an appraisal of the analytical impact of Marshall's notion of industrial atmosphere. Journal of Innovation Economics & Management, (2), 63-81.

Reve, T., & Mathiesen, L. (1994). European industrial competitiveness. Stiftelsen for samfunns-og næringslivsforskning (SNF).

Rodrik, D. (1999). The new global economy and developing countries: making openness work (Vol. 24). Washington, DC: Overseas Development Council.

Rodrik, D. (2011). The Globalization Paradox: Democracy and the Future of the World Economy. W. W. Norton & Company. https://doi.org/10.1355/ae28-3k

Rodrik, D., Subramanian, A., & Trebbi, F. (2004). Institutions rule: the primacy of institutions over geography and integration in economic development. Journal of economic growth, 9(2), 131-165. https://doi.org/10.1023/B:JOEG.0000031425.72248.85

Rosenberg, N., & Birdzell. L. E. (1986). How the West Grew Rich: The Economic Transformation Of The Industrial World. New York: Basic Books.

Rutherford, M. (1996). Institutions in economics: The old and the new institutionalism. Cambridge: Cambridge University Press.

Rutherford, M. (2011). The institutionalist movement in American economics, 1918–1947: Science and social control. New York: Cambridge University Press. https://doi.org/10.1017/CBO9780511977046

Ruttan, V. W. (1998). The new growth theory and development economics: A survey. The Journal of Development Studies, 35(2), 1-26. https://doi.org/10.1080/00220389808422562

Saint-Paul, G. (1997). The role of rents to human capital in economic development. Journal of Development Economics, 53(2), 229-249. https://doi.org/10.1016/S0304-3878(97)00053-9

Schuetze, H. J., & Bruce, D. (2004). Tax policy and entrepreneurship. Swedish Economic Policy Review, 11(2), 233-265.

Sen, A. (1983). Development: Which way now?. The Economic Journal, 93(372), 745-762. https://doi.org/10.2307/2232744

Shane, S. (1996). Explaining variation in rates of entrepreneurship in the United States: 1899-1988. Journal of Management, 22(5), 747-781.

Spilanis, Ι, & Vlados, C. M. (1994). Development dynamics in Southern Europe. Studies in Regional & Urban Planning, 3, 301-316.

Stead, R., Curwen, P., & Lawler, K. (1996), Industrial economics. New York: Mc Graw-Hill.

Stiglitz, J. E. (1989). Markets, market failures, and development. The American Economic Review, 79(2), 197-203.

Stiglitz, J. E. (2002). Globalization and its Discontents. Norton: New York.

Storper, M. (1997). The regional world: territorial development in a global economy. Guilford press.

Toulmin, S. E. (1982). The return to cosmology: Postmodern science and the theology of nature. CA: University of California Press.

Vlados C. M. (1992a). Les dimensions technologiques dans la théorie de la régulation et la contribution de Coriat sur la conception analytique de la production de la technique et de la science, Diplôme d’Etudes Approfondies (D.E.A.). Séminaire de Recherche mineur sous la direction de B.Madeuf, Université de Paris X-Nanterre.

Vlados, C. M. (1992b). Politiques industrielles et stratégies des groupes multinationaux dans les secteurs de base-industrie des matériaux en Europe. Diplôme d’Etudes Approfondies (D.E.A.). Séminaire de Recherche majeure sous la direction de M. Delapierre (CEREM), Université de Paris X-Nanterre.

Vlados, C. M. (1996). International restructuring dynamics of competitive advantage. Middle East Forum, 1, 233-252.

Vlados, C. M. (2004). La dynamique du triangle stratégie, technologie et management: L’ insertion des entreprises Grèques dans la globalisation. Thèse de doctorat de Sciences Économiques. Université de Paris X-Nanterre.

Vlados, C. M. (2005). The insertion of Greek firms into globalization: the dynamics of the triangle of strategy, technology and management. Tome of Proceedings of International Conference: Managing Global Trends and Challenges in a Turbulent Economy, University of the Aegean: Department of Business Administration.

Vlados, C. M. (2007). Development dynamics in South-Eastern Europe: The challenge of the new paradigm of cooperation, Middle East Forum, 6.

Vlados, C. M. (2012). The search of competitiveness and the entrepreneurial evolution in a global environment: Toward a new approach of development dynamics based on the case of Greek productive system. Journal of Management Sciences and Regional Development, 8.

Vlados, C. M., Deniozos, N., & Chatzinikolaou, D. (2018a). Towards a new approach of local development under crisis conditions: Empowering the local business ecosystems in Greece, by adopting a new local development policy. International Journal of Regional Development, 5(1). https://doi.org/10.5296/ijrd.v5i1.11955

Vlados, C. M., Deniozos, N., & Chatzinikolaou, D. (2018b). The “evil globalization” & the central dialectic tug-of-war in the new globalization’s shaping. Civitas Gentium, 6(1), 89-134.

Vlados, C. M., Deniozos, N., & Chatzinikolaou, D. (2018c). Global Crisis, Innovation and Change Management: Towards a New Systemic Perception of the Current Globalization Restructuring. International Business Research, 11(8), 9-29. https://doi.org/10.5539/ibr.v11n8p9

Vlados, C. M., Deniozos, N., Chatzinikolaou, D., & Demertzis, M. (2018a). Towards an evolutionary understanding of the current global socio-economic crisis and restructuring: From a conjunctural to a structural and evolutionary perspective. Research in World Economy, 9(1). https://doi.org/10.5430/rwe.v9n1p15

Vlados, C. M., Deniozos, N., Chatzinikolaou, D., & Demertzis, M. (2018b). Perceiving competitiveness under the restructuring process of globalization. International Journal of Business and Management, 13(8). https://doi.org/10.5539/ijbm.v13n8p135

Ward, M. (2004). Quantifying the world: UN ideas and statistics (Vol. 3). Indiana University Press.

Yew-Kwang, N. (1986). Mesoeconomics: A micro-macro analysis. New York: St. Martin's Press.

Yoffie, D. B. (1993a). Foreign direct investment in semiconductors. In Froot, K. A. Foreign direct investment (pp. 197-230). Chicago, IL: University of Chicago Press.

Yoffie, D. B. (1993b). The International Political Economy of Direct Foreign Investment (Vol. I & Vol. II). London: Edward Elgar Publishing Limited.

Βλάδος, Χ. Μ. (2006). Η δυναμική της παγκοσμιοποίησης και οι επιχειρήσεις στην Ελλάδα. Αθήνα: Εκδόσεις Κριτική.

Βλάδος, Χ. Μ. (2007). Η δυναμική της παγκοσμιοποίησης και η νέα προβληματική της τοπικής ανάπτυξης: Στοιχεία για την σύσταση μηχανισμών ενίσχυσης του καινοτομικού δυναμικού των τοπικών παραγωγικών συστημάτων. Στο Συλλογικό Έργο Ειδικά Θέματα Ανάπτυξης σε Λιγότερο Ευνοημένες Περιοχές (ΛΕΠ). Gutenberg.

Βλάδος, Χ. Μ. (2014). Τομές στην ελληνική κρίση. Αθήνα: Εκδόσεις Κριτική.

Βλάδος, Χ. Μ. (2016). Στρατηγική μικρομεσαίων επιχειρήσεων σε συνθήκες κρίσης: Η προσέγγιση Stra.Tech.Man. Αθήνα: Εκδόσεις Κριτική.

Βλάδος, Χ. Μ. (2017). Παγκόσμια κρίση, καινοτομία και διαχείριση αλλαγής: Η οπτική Stra.Tech.Man. Αθήνα: Εκδόσεις Κριτική.

Downloads

Published

2018-09-20

Issue

Section

Article