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The impact of regional policy on entrepreneurship

Title: The impact of regional policy on entrepreneurship

Essay , 2006 , 26 Pages , Grade: 4,0 (gut)

Autor:in: Dipl.-Betriebswirt (FH) Christian Nicke (Author)

Business economics - Economic Policy
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Summary Excerpt Details

It seems helpful to me, first to clarify the two most important terms of the title of this essay. The first term is “regional policy” that includes two parts that should be explained: region and special policy for regions.
Regions
Regions are marked through a number of special criteria:
o “singleness (unique position)
o otherness (differentiation criteria)
o commonness (culture, traditions, landscape)
o collective identity (shared history, doom)
o regional awareness (feeling of belonging together, identification)
o government’s organisation (administration, policy)
o elected representation (self-determination, -administration)
o homogeneity (socio-economical, cultural, ethnical)
o functional togetherness (networks)
o power-connection (domination, dependency, interconnections)
o inter-organisational networks (socio-economical milieu)
o openness (cross-linking, knowledge-transfer)
o global competitiveness (competition, networks)”
The policy that especially affects the concerns of regions is called “regional policy”. Regional policy aims to support the planned development of regions in the way of coordinated measure setting. As regional policy is embedded in the nationwide policy, it aims from the viewpoint of the national government to
• maximise economic growth and
• minimise social costs
As development of regions always includes entrepreneurship to create regional value, I would like to collect state of the art knowledge about how regional policy can support entrepreneurship. Here the question appears, what could been understand under regional policy.
Regional policy
Regional policy is the sum of law, strategies and measures for setting and influencing a framework and processes in particular areas of a nation through the government. With special regional policy government seeks to reduce spatial disparities in economic.
The last term I would like to introduce for my essay is Entrepreneurship. In this context, entrepreneurship is not each business activity in a wider understanding of the term but I mean the field of founding new enterprises based on an idea for providing products or services that are not available in or near the region yet.

Excerpt


Inhaltsverzeichnis (Table of Contents)

  • REGIONS, REGIONAL POLICY AND ITS OBJECTIVES.
    • Regions
    • Regional policy
    • Entrepreneurship
  • THE IMPACT OF REGIONAL POLICY ON ENTREPRENEURSHIP.
    • Regional economic policy within the nationwide economic policy.
    • Policy instruments that influence entrepreneurship.
      • Competition policy
      • Labour market
      • Providing knowledge creating infrastructure.
      • Network creation
      • Creating an innovative milieu.
      • Service support by government.
      • Access to finance.
    • The economical impact of entrepreneurship
  • CONCLUSION..

Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

This essay aims to examine the relationship between regional policy and entrepreneurship, specifically focusing on how regional policy can support the creation and growth of new enterprises. The essay explores the concept of regional policy and its objectives within the broader context of national economic development. It delves into specific policy instruments that influence entrepreneurial activity, including competition policy, labor market regulations, infrastructure development, and access to finance.

  • The role of regional policy in promoting economic development.
  • The specific policy instruments that can influence entrepreneurship.
  • The importance of creating a favorable environment for entrepreneurial activity.
  • The impact of entrepreneurship on regional economic growth.
  • The challenges and opportunities of regional policy in supporting entrepreneurship.

Zusammenfassung der Kapitel (Chapter Summaries)

  • Regions, Regional Policy and its Objectives: This chapter introduces the key terms of the essay: regions, regional policy, and entrepreneurship. It discusses the characteristics that define regions and the objectives of regional policy, which are to maximize economic growth and minimize social costs. The chapter also defines entrepreneurship as the process of creating new enterprises based on innovative ideas.
  • The Impact of Regional Policy on Entrepreneurship: This chapter focuses on the influence of regional economic policy on entrepreneurial activity. It examines how regional policy can create a business-friendly environment by providing access to resources, funding, and support services. It also highlights the importance of specific policy instruments, such as competition policy, labor market regulations, and infrastructure development, in fostering entrepreneurship.

Schlüsselwörter (Keywords)

The key terms and concepts explored in this essay include regional policy, entrepreneurship, economic development, policy instruments, competition policy, labor market, infrastructure, access to finance, and regional growth. These terms are central to understanding the relationship between regional policy and entrepreneurial activity.

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Details

Title
The impact of regional policy on entrepreneurship
College
University of Pécs  (Faculty of Business and Economics)
Course
Entrepreneurship Studies
Grade
4,0 (gut)
Author
Dipl.-Betriebswirt (FH) Christian Nicke (Author)
Publication Year
2006
Pages
26
Catalog Number
V80399
ISBN (eBook)
9783638883740
Language
English
Tags
Entrepreneurship Studies
Product Safety
GRIN Publishing GmbH
Quote paper
Dipl.-Betriebswirt (FH) Christian Nicke (Author), 2006, The impact of regional policy on entrepreneurship, Munich, GRIN Verlag, https://www.grin.com/document/80399
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