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Development policies and partnerships in Greece: experiences from Thessaloniki

Theodore Metaxas (Department of Economics, University of Thessaly, Volos, Greece)
Marie Noelle Duquenne (Department of Planning and Regional Development, University of Thessaly, Volos, Greece)

Journal of Entrepreneurship and Public Policy

ISSN: 2045-2101

Article publication date: 17 August 2015

Abstract

Purpose

The purpose of this paper is to investigate the importance of specific local development policies and partnerships for SME enterprises in Thessaloniki one of the metropolis of south Europe. The two main research questions are: first, what are the most important development policies for firms’ development? and second, in what level these policies receive different significance from firms belonging in different production sectors?

Design/methodology/approach

In order to achieve the aims of the paper and answer the research questions, the study uses an extensive use of bibliography, and field research that has been implemented by administering questionnaires on a representative sample of 227 enterprises. The study comes up to valuable conclusions for the firms and the city through the use of exploratory factor analysis, reliability analysis and clustering.

Findings

The present research brings on important issues and questions about local economic development because it presents directly the estimations and views of a large number of local enterprises that reflect the image of local economy. Finally, this research gives a satisfactory overview of the inner growth of Thessaloniki and further the results could lead to an evaluation, planning, implementation, rejection or reconstruction of specific actions and policies locally.

Research limitations/implications

The analysis is constrained by weakness since the sample of enterprises is rather small and the results concern only the enterprises located in Thessaloniki. Based on this fact, general conclusions can be drawed for other regions as well as for the whole Greece. This is subjected to more analysis.

Practical implications

The added value of this research is essential since there are only few similar researches in South-East Europe and in Greece. Especially, the relationship between local development policies and firms’ development competitiveness has not been studied enough in the area under consideration.

Social implications

Enterprises understand and designate the importance of specific policies that affect their development while at the same time through their evaluations they outline the character and dynamics of these policies in a unique dynamic, geographical and productive city like this of Thessaloniki.

Originality/value

The analysis showed that enterprises recognize as positive factor the effort of the local authorities to set the area as a business pole in favour of enterprises and the broader area but policy problems of organization and planning arise that concern mainly the operation and support of local enterprises and specific those from the tourist and service sector. This image raises issues of competence on planning and organization of development polices by the local authorities focusing on specific productive sectors so as the effect of these policies to be effective with positive results for enterprises.

Keywords

Citation

Metaxas, T. and Duquenne, M.N. (2015), "Development policies and partnerships in Greece: experiences from Thessaloniki", Journal of Entrepreneurship and Public Policy, Vol. 4 No. 2, pp. 209-233. https://doi.org/10.1108/JEPP-07-2013-0027

Publisher

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Emerald Group Publishing Limited

Copyright © 2015, Emerald Group Publishing Limited