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Crisis, institutional innovation and change management: Thoughts from the Greek case

Journal of Economics and Political Economy

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Title Crisis, institutional innovation and change management: Thoughts from the Greek case
 
Creator VLADOS, Charis;

[1] Department of Economics, Democritus University of Thrace, Panepistimioupoli Komotini, 69100, tel. +302531039824

[2] University of Nicosia, School of Business, 46 Makedonitissas Avenue, CY-2417, P.O. Box 24005, CY-1700, Nicosia, Cyprus, tel. +35722841528
CHATZINIKOLAOU, Dimos;

PhD candidate, Democritus University of Thrace, Department of Economics, Panepistimioupoli Komotini, 69100, tel. +302531039824
 
Subject Globalization restructuring; Greek crisis; Structural socioeconomic crisis; Institutional innovation; Public policy reform; Change management; Stra.Tech.Man analysis.
O10; B52; O31.
 
Description Abstract. This article explores how the current global crisis and restructuring of global capitalism is related to innovation, in broad terms, and change management. The aim is to understand this relation by first presenting a synopsis of the approaches to the crisis of the Greek socioeconomic system, second focusing on the concept of innovation in institutional terms, and third examining the change management mechanisms that seem useful for the articulation of public economic policy in Stra.Tech.Man terms (synthesis of Strategy-Technology-Management). We suggest that to overcome actual structural crises -such as the Greek socioeconomic crisis- the implementation and valorization of well balanced and effectively implemented sets of institutional innovations is crucial, provided that integrated public policy change management mechanisms are in place.Keywords. Globalization restructuring, Greek crisis, Structural socioeconomic crisis, Institutional innovation, Public policy reform, Change management, Stra.Tech.Man analysis.JEL. O10, B52, O31.
 
Publisher Journal of Economics and Political Economy
Journal of Economics and Political Economy
 
Contributor —
 
Date 2019-03-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
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Format application/pdf
 
Identifier http://www.kspjournals.org/index.php/JEPE/article/view/1854
10.1453/jepe.v6i1.1854
 
Source Journal of Economics and Political Economy; Vol 6, No 1 (2019): March; 58-77
Journal of Economics and Political Economy; Vol 6, No 1 (2019): March; 58-77
2148-8347
 
Language eng
 
Relation http://www.kspjournals.org/index.php/JEPE/article/view/1854/1855
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Rights Copyright (c) 2019 Journal of Economics and Political Economy
http://creativecommons.org/licenses/by-nc/4.0