Resilience Through Entrepreneurship: Enriching European External Action Service's Resilience Toolbox ^*

Abstract

Nurturing resilience of states and societies in its neighbourhood has become a strategic priority for the European Union (EU). This chapter reviews the concept of resilience across different European External Action Service's (EEAS) strategic documents, investigates the means and the ends that accompany it and explores the potential of fostering resilience through entrepreneurship. The latter is becoming a multi-dimensional tool associated not only with economic development but also with peace fostering, responsible citizenship, social innovation, opportunities management, risk-taking, decision-making, problem-solving, creativity, adaptability etc. We examine how entrepreneurship deals with the EU's approach to resilience and whether the EEAS harnesses entrepreneurship potential. This is an interdisciplinary research project bringing together insights from EU studies, diplomatic studies and entrepreneurship. In terms of methodology we use a content analysis approach of primary resources combined with semi-structured interviews with EEAS staff and secondary sources review. Our findings indicate that EEAS could meet resilience goals through entrepreneurship; yet the use of entrepreneurship as a tool for EEAS′ purposes is sporadic, scattered and unidimensional. We suggest that the EEAS should adopt a cohesive strategy for entrepreneurship promotion connecting internal with external policies. Acting this way would also serve the purpose of a more ‘joined-up union’ and reinforce the EU's power of attraction.

Citation

Pedi, R. and Sarri, K. (2021), "Resilience Through Entrepreneurship: Enriching European External Action Service's Resilience Toolbox ^* ", Apostolopoulos, N., Chalvatzis, K. and Liargovas, P. (Ed.) Entrepreneurship, Institutional Framework and Support Mechanisms in the EU, Emerald Publishing Limited, Leeds, pp. 149-164. https://doi.org/10.1108/978-1-83909-982-320211014