New Globalization and Multipolarity: A Critical Review and the Regional Comprehensive Economic Partnership Case

Vlados, Charis; Chatzinikolaou, Dimos; qbal, Badar Alam

doi:10.11130/jei.2022.37.3.458

Cited by 8 publications

(4 citation statements)

References 61 publications

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“…This understanding is relatively far from the existing literature that examines the structural nature of crises and their irreversible arrival due to the fulfillment of evolutionary conditions. As relevant literature suggests, a structural crisis manifests as a series of pressing problems that eventually lead to a drastic overthrow of the previous status (Aglietta, 2010;Mitroff, 2005;Schumpeter, 1942;Schwab, 2016;Vlados et al, 2022).…”

Section: Discussionmentioning

confidence: 99%

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Crisis, innovation and change management: a blind spot for micro-firms?

Chatzinikolaou

Vlados²

2022

JEEE

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Purpose This paper aims to explore how the owners of less competitive micro-firms (MFs) perceive the “crisis–innovation–change management” triangle. It examines whether their understanding of these overarching entrepreneurship theory principles is inadequate compared to the relevant scientific literature. Design/methodology/approach This qualitative analysis follows principles based on the inductive method and grounded theory, thickly describing the results from research conducted in a sample of 38 tertiary-sector MFs in the Eastern Macedonia and Thrace region – one of the least developed and competitive areas across Europe. It triangulates the data with 11 respective small firms. Findings MF owners perceive the crisis as an ostensibly exogenous phenomenon, innovation as something quasi-unattainable – although vaguely significant – and change management as a relatively unknown process. This understanding lies somewhat distant from the extant literature that examines the structural nature of crises, the innovational power to exit profound restructurings and the rebalancing requisite for building new overall organizational methods to survive this internal–external transformation. In essence, the triangle crisis–innovation–change management is a blind spot for the examined MF owners as they ignore its significance as an adaptation mechanism – contrary to several direct competitors. Social implications Based on the reluctance of these individuals to cultivate their systematic business knowledge, it seems unrealistic that they would seek to pay the necessary high price for business consulting in the future. An ideal solution would be to build public entrepreneurship clinics to provide these less dynamic and adaptable organizations with free preliminary or in-depth counseling. The Institute of Local Development-Innovation could aim to provide free consulting services to reinforce organizational physiology by coordinating different socioeconomic actors. Originality/value To the best of our knowledge, this empirical research is one of the first to test the comprehension of weaker MFs – less competitive and developed in organizational terms – to the triangle crisis–innovation–change management.

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Section: Discussionmentioning

confidence: 99%

“…This inefficiency hinders them from adapting to the new global environment (Figure 1). (Aglietta, 2010;Mitroff, 2005;Schumpeter, 1942;Schwab, 2016;Vlados et al, 2018Vlados et al, , 2022 The crisis is an evolutionary and organic phase that causes changes in the affected system's homeostasis. B.…”

Section: Recent Contributions To Micro-firm Innovationmentioning

confidence: 99%

Crisis, innovation and change management: a blind spot for micro-firms?

Chatzinikolaou

Vlados²

2022

JEEE

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“…During the last three decades, the phenomenon of globalization has spread even more. This novel political and economic landscape has many implications in the terrain of economic and business activities (Scholte 2002;Vlados et al 2022; Globalization has also been linked with certain current trends (Vlados et al 2019, pp. 69-73;Maris and Manoli 2022), such as the transformation of traditional companies into networking business units, the internationalization of production within multinational groups, structural reforms in many professions, the increase of cross-border competition, and the shift of many governments towards more conservative ideas (Hyman 1999).…”

Section: Introductionmentioning

confidence: 99%

European Works Councils: Their Impact on the Europeanization of Industrial Relations in an Era of Market Globalism

Koutroukis

2024

Social Sciences

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The European Works Council (EWC) Directive provides the establishment of a social partnership forum within Multinational Companies (MNCs). The directive gives employees the right to information and consultation with the supra-national group management. The aim of this concept paper is to contribute to the debate on the Europeanization of Industrial Relations (IR) in the European Union. Specifically, it assesses the influence that EWCs, a novel institution within certain Euro-companies, have on the convergence of industrial relations among the member states. This critical topic can be evaluated from the standpoint of the current theory and its practical implications in order to draw the perspectives for a European system of IR both within MNCs and the rest of the companies. Our conclusions indicate that EWCs contribute to Europeanization in several aspects of employee relations, although this contribution has been limited to those issues that are wished for by the MNCs.

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“…This multipolar cooperation created by the RCEP seems to be one of the most representative expressions of the new globalization and its gradual formation. 4 This paper is composed of four parts including Introduction and Conclusion. Part II will introduce the conceptual prerequisites to contrast the key elements and rationale of a formal and conventional SWOT versus a correlative one.…”

Section: Introductionmentioning

confidence: 99%

On Evolutionary Geoeconomics and the RCEP Case: A Correlative SWOT Analysis

Vlados¹

2023

China and WTO Review

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This integrative review introduces the correlative and evolutionary perspective of SWOT as a strategic analysis mechanism of geoeconomics. We use the Regional Comprehensive Economic Partnership (RCEP) as a case study. Thus, we establish the emerging challenges and threats by correlating the comparative strengths and weaknesses of the RCEP, its members, and the global system. We conclude that this evolutionary approach of SWOT in geoeconomics can contribute to a holistic understanding of the current phase of the new globalization. It appears that evolutionary geoeconomics studies dialectically opposing views and interests. In this direction, we find that the vision and ambitions of the RCEP do not delve into significant socioeconomic depth compared to other multilateral organizations. This fact poses strategic risks to this new trade bloc's longevity and socioeconomic sustainability. At the same time, we examine how these geostrategic dimensions are linked to the gradual construction of the broader framework of the new perspective of global socioeconomic development.

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New Globalization and Multipolarity: A Critical Review and the Regional Comprehensive Economic Partnership Case

Cited by 8 publications

References 61 publications

Crisis, innovation and change management: a blind spot for micro-firms?

Crisis, innovation and change management: a blind spot for micro-firms?

European Works Councils: Their Impact on the Europeanization of Industrial Relations in an Era of Market Globalism

On Evolutionary Geoeconomics and the RCEP Case: A Correlative SWOT Analysis

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