Entrepreneurship and Innovation Enhancement Policies in the Micro-Meso and the Macro Level: A Preliminary Review

Entrepreneurship and the resulting innovation should be at the developmental epicenter for the different socio-economic systems. By analyzing the various levels of understanding and practical implementation of policies to enhance entrepreneurship and innovation, this article aims at a first classification and categorization of these. This article analyzes the concepts of innovation and entrepreneurship and the classification of policies to stimulate them. We argue that the micro-meso entrepreneurship policy domain is the most decisive because it produces and reproduces knowledge within businesses and today’s globalized industries. This knowledge is critical to innovation, especially in the current conditions of the current COVID-19 crisis where traditional industries lose market shares. This classification of policies to enhance entrepreneurship and innovation is the first step in distinguishing the best practices suggested by the scholarly literature in conjunction with applied examples.