1. Protect yuor human capital

2.Cut people's hours instead of cutting people.

3. Maintain cash flow

4 Make circle from the wagons and fighting the enemy together

its about craeting something new given the resources at disposal, have you ever read the blue ocean strategy textbook

let me rephrase and elaborate, given the predominance of necessity entrepreneurship, from a governance and production/ economics perspective, how do you lead and channel necessity entrepreneurship. What would be your entrepreneurship policy?

In this question, at the beginning, the state must have a fundamental role, for example, connecting these entrepreneurs with their target audience, encouraging training and replacing suppliers if necessary. etc. Then the state must retire slowly to let the entrepreneurial spirit flow.

Rubén Corvalán can you perhaps suggest an alternative strategy that does not involve the state, just for comprehensiveness, and to tap your mind...

otherwise it implies the only solution is the state...

Institutionality is always necessary, be it from the state or from universities, from civil society organizations, from consolidated companies, etc. Each one can contribute with different support instruments. For example, universities through their university extension with training related to management and entrepreneurship in question. Companies consolidated with the training of suppliers, chambers and associations with mentoring and accompaniment ...

private institutions then

public institution track records are not that appealing in general

The public participation of private and social organizations, could provide a good coaching for these ventures, it seems to me, in different proportions according to the territory in question.

I would try to teach them to turn their enterprises into learning organizations. It doesnt´t just imply more education or training. It means helping them learn about complex systems and mapping their enterprises functioning in their local contexts.

They do not need to learn strategies of the Porter type. Japanese strategies (Ohmae type) may be more suitable. But the most important strategy is adaptive management to be able to go on amidst uncertainty and paradoxes.

I agree with @Ruben on one thing: you need some type of government protection for necessity entrepreneurs because otherwise the government applies the same rules to big and small firms and microenterprises alike, and they end up destroying the necessity entrepreneurs. It happens all the time. It is a cultural thing that is based on a misunderstanding on what "fairness" means.

Dear Friends and Colleagues of RG

In my opinion, entrepreneurship develops effectively and becomes more and more competitive if the state creates the right conditions for entrepreneurs. First of all, low tax burden and low costs of contributions to the social insurance system. Contributions to the social security system should be adapted to the situation of running a business and the level of income.

On the other hand, there are countries in which the very fact of establishing a business entails the need to pay taxes and high premiums for the social security system even when real economic activity is not carried out and / or does not bring any or very low income and no profits. Such unfriendly tax and business activity systems operate in some countries.

Paradoxically, in some countries, taxes and contributions to the social security system, mainly micro-enterprises, are most heavily burdened with taxes. Paradoxically, micro-enterprises are often the source of new business solutions, innovations, start-up startups, and they are the source of entrepreneurship.

In some countries, the contributions paid by entrepreneurs to micro-enterprises for the social insurance system are fully voluntary and this has not led to a collapse and crisis in the state's public finance system in these countries. Some of the countries in which these contributions are voluntary are rich, developed countries in which entrepreneurship and innovation are effectively developing.

On the other hand, those countries in which these contributions to the social insurance system are compulsory and regardless of the economic situation, regardless of the generated profits, earnings and whether they actually conduct business activity in real terms, the public finance situation is not the best. What do you think about it? What is your opinion on this matter?

Best wishes

Dear Colleagues and Friends from RG,

The above discussion inspired me to the following considerations:

The role of entrepreneurship activation to improve economic growth.

In the context of analyzing the issues of determinants of the development of education methods and systems, I propose the following research topic: The need to improve instruments for activating entrepreneurship and innovation in various areas of economic activity, including modern technologies to improve the economic growth of the national economy. In the context of the forecasted slowdown of global economic growth in 2020, the activation of entrepreneurship and innovation is particularly important. Below are the arguments for my thesis.

In the context of the discussion, I propose the following research question in this area:

What is the importance of activating entrepreneurship and innovation in the field of modern technologies?

The development of innovation and entrepreneurship in knowledge-based economies takes place in various industries and services, including in the field of development and implementation of modern ICT and Industry 4.0 information technologies into economic processes. In developing countries, where innovation and entrepreneurship in the development and implementation of modern ICT and Industry 4.0 information technologies for economic processes is not at a high level, the governments of these countries should, through subsidies, tax breaks and other instruments of pro-development and pro-innovation policy, stimulate the development of innovation and entrepreneurship in various sectors of the economy, including in the field of advanced technologies. Industry 4.0 technologies are used in the processes of disseminating open innovations in new online media and in securing them, i.e. in developing cyber security technologies. At present, the dominant view is that the dissemination of open innovations in new online media, open data sources and open knowledge tools conditions the reduction of knowledge acquisition costs and is an important factor in the development of the knowledge and technology economy. Technological innovations can also be open innovations. Many open technological innovations are currently being created in the field of new online media, on social media portals operated by technology internet companies. Open technological innovations are created using ICT information technologies and advanced data processing technologies typical of the current technological revolution known as Industry 4.0.

The current technological revolution referred to as Industry 4.0 is an important factor activating the development of open innovations related to information services available for free on the Internet. The technological revolution of Industry 4.0 is determined by the development of the following advanced information processing technologies, which include, among others: Big Data database technologies, cloud computing, machine learning, Internet of Things, artificial intelligence, Business Intelligence and other advanced technologies of Data Mining. The technologies of advanced information processing listed above are finding more and more applications in various fields of industry, production of goods and provision of services. The number of industries, branches of economic activity and sectors of the national economy is growing, in which advanced information processing technologies typical of the current fourth technological revolution known as Industry 4.0 are used. Thanks to the technologies mentioned above, in recent years more and more open technological innovations are being created, which are used in the development of information services offered on the Internet. In line with the above, a lot of new open innovations are emerging in the field of new online media, including information services offered on social media portals and other types of internet portals offering various free information services.

In the following years, the development of open innovations may also be determined by the use of blockchain technology in the field of improving data transfer security systems on the Internet. Blockchain technology can also be used to secure online settlements and social payments, including financing innovative projects, new ventures developed by technological startups, and financing the development of open innovations through e.g. crowdfunding. Perhaps in the online accounts will also be used in the future critical critics. Perhaps in the future cryptocurrencies will be displacing traditional currency from online financial transactions between fintechs, financial institutions, innovative startups, online technology companies operating social media portals and their clients, and between users of these portals. The development of all of the above-mentioned ICT information technologies, advanced data processing technologies Industry 4.0 and technologies facilitating financial operations on the Internet and ensuring a high level of security of internet data transfer.

The development of technological innovations, ICT information technologies, advanced information processing technologies co-creating the current technological revolution Industry 4.0, financing through crowdfunding, securing online transactions with blockchain technology, increasing the use of cryptocurrencies in these settlements, etc. These can be important determinants of the development of innovative, technological startups operating on the Internet and factors of development of the knowledge-based economy in subsequent years. In connection with the above, the development of open innovations is correlated with the issue of development of innovation and entrepreneurship in the economy. A significant proportion of innovative startups develop their business model based on open innovations.

On the other hand, in macroeconomic terms, the development of open innovations can be an important determinant of economic development in developing countries and in developed knowledge-based economies. In view of the above, research shows that the dissemination of open innovations and open knowledge bases is an important issue for building a sustainable economy in a technologically developed and developing country. Since the development of innovation and entrepreneurship in knowledge-based economies is one of the key factors of economic development, so in many countries instruments of developmental economic policy and innovation are conducted and improved, activating the development of innovation and entrepreneurship in various sectors of the economy, including in the field of advanced technologies.

Therefore, in developing countries in which innovation and entrepreneurship in the development and implementation of modern ICT and Industry 4.0 information technologies for economic processes is not a strong branch of the economy, the governments of these countries should through specific instruments of pro-development and pro-innovation policy, including subsidies , tax breaks and other stimulate the development of innovation and entrepreneurship in various sectors of the economy, including in the field of advanced technologies.

In view of the above, in order to more fully identify the above issues, it is necessary to conduct research that will facilitate the formulation of answers to the following questions:

- Is the development of innovation and entrepreneurship in knowledge-based economies taking place, inter alia, in the field of development and implementation of modern ICT and Industry 4.0 information technologies in economic processes?

- What are the main instruments of development-oriented policy and pro-innovative activation of the development of innovation and entrepreneurship in various sectors of the economy, including in the field of advanced technologies, used in your countries?

- What are the main determinants of entrepreneurship activation and innovation in the field of modern technologies?

- What is the importance of activating entrepreneurship and innovation in the field of modern technologies?

I conduct research in this area. The conclusions of the research I published in scientific publications that are available on the Research Gate portal.

I invite you to discussion

Thank you very much

Best wishes

Dariusz Prokopowicz

Necessity entrepreneurs are individuals in developing countries who start small enterprises out of necessity. While they range from street sellers to educated hopefuls with little access to formal employment, the one thing that unites them is the need to survive. Due to the fact it is a necessity, every enterpreneur will fight to survive. In this case, the following can be done.

1. The govt should provide basic education for enterpreneurship

2. Availability of loans

3. A enterpreneurial ecosystem which promote the business interest of enterpreneurs.

In my opinion, an effective entrepreneurial strategy may be based, among others, on improving financial, technological, market, operational, IT systems, etc. in the context of developing new business ventures, including research and development projects, implementation projects, e.g. the implementation of innovative technologies in manufacturing processes .

Regards

Dariusz Prokopowicz