What is it about?
The Multiannual Financial Framework 2021–2027 (EU 7-year budget) and the pandemic recovery package (called NextGenerationEU) were presented as the “largest stimulus package ever” in the EU. Therefore, we propose a new model that implies a different EU policy which puts entrepreneurship on the path toward and not away from sustainable development.
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Why is it important?
Rather than focusing on necessity-driven entrepreneurship, the EU needs to develop an ecosystem where entrepreneurship favours innovation, promoting a sustainable economic model across member states (budget 2021–2027) and offering a countercyclical response to the crisis that protects vulnerable citizens, employment and companies (pandemic recovery package).
Perspectives
Lay the foundations for a desirable entrepreneurial paradigm for the future that is driven by opportunity and embedded in a Circular Economy aligned to global well-being.
Prof. Gonçalo Rodrigues Brás
Instituto Superior de Gestao e Administracao de Santarem
Read the Original
This page is a summary of: EU’s 7-Year Budget and Pandemic Recovery Package: Last Call for a New Entrepreneurship Paradigm?, World Futures, October 2021, Taylor & Francis,
DOI: 10.1080/02604027.2021.1984156.
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