Public policy continues to be an important determinant of economic and societal development, among others, so long as institutions and policy-makers interfere to shape the market economy. During the last few decades all levels of government at the federal, regional and municipal level have become key players in the promotion of a so-called entrepreneurial economy (read more about it here). The re-emergence of entrepreneurship and the shift from a market economy to an entrepreneurial economy accelerated due to an increased globalization and pressing challenges (e.g., climate change, pandemics) that has led to the development of new entrepreneurship policies implemented at all levels of government and governance.
Change, creativity and innovation became the drivers of the so-called entrepreneurial economy which is, among others, characterized as having a high degree of turbulence. This change from the market to the entrepreneurial economy had a deep impact on the policy-making process: Policy-makers face the challenge of having to develop new entrepreneurship policies to ensure sustainable and resilient development within their places, regions and nations. Policy-makers do meanwhile acknowledge the importance of entrepreneurship and micro-financing for sustainable, bottom-up development (read more here).
Our research focus goes beyond these rather traditional paradigms of considerations reflecting and taking into account the varieties of entrepreneurship policies and policy-making including digital, social, sustainable, institutional, administrative, public and other forms of entrepreneurship (read more here). Such investigations, research and activities allow us to think out of the box and develop innovative forms of governance including state-societal co-collaboration. This discussion has been triggered by the COVID-19 pandemic and lies at the core heart of our research. And they do have an impact on public administration and public management in the future assessed by our School and partner organizations.
Social and international start-up campus University of Erfurt (EXIST)
Willy Brandt School
of Public Policy
at the University of Erfurt
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University of Erfurt (Campus)
Nordhäuser Str. 63
99089 Erfurt
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