Weak Sustainable Development Trajectories and Evolving Organisational Physiologies: Empirical Evidence from Greece

Dimos Chatzinikolaou, Charis Vlados

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

This chapter investigates the physiological transformation of small firms in a less developed regional business ecosystem facing multiple development problems, barriers, and inadequacies. We present four field surveys we recently conducted in the peripheral Greek region of Eastern Macedonia–Thrace, on a sample of 230 small entrepreneurs, exploring their perception of the following conceptual triangles: (a) Crisis–Innovation–Change Management, (b) Strategy–Technology–Management, and (c) Human Resource Management–Education and Training–Innovation. We conclude that the sample firms exhibit symptoms of monad-centric business structuring and perceptual-functional weaknesses, which are due to their “traditional” physiology. These comparative weaknesses seem structurally and bi-directionally linked to the low competitiveness of this regional socioeconomic system.
Original languageEnglish
Title of host publicationBusiness for Sustainability, Volume I
PublisherPalgrave Macmillan
Pages201-226
Publication statusPublished - 5 Nov 2023

Keywords

  • entrepreneurship
  • less-developed regions
  • evolutionary economics
  • biological metaphors
  • evolutionary view of the firm
  • Stra.Tech.Man (Strategy–Technology–Management)
  • evolutionary organisational physiology
  • business monad-centredness
  • business massiveness
  • business flexibility
  • Greek entrepreneurial ecosystem
  • competitiveness
  • Macro-meso-micro
  • new globalisation
  • RASI synthesis (Resilience-Adaptability-Sustainability-Inclusiveness)
  • Crisis-Innovation-Change Management
  • Human Resource Management (HRM)-Education and Training-Innovation
  • services sector
  • Region of Eastern Macedonia-Thrace (REMTh)
  • thick description
  • Greek crisis

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