Abstract:

This paper is a first attempt to study the issue of green entrepreneurship in practice for the Greek case. This is done by examining the response of Greek firms to the national call for boosting green entrepreneurship. The analysis is based on information on those Greek firms for which government funding has been approved. Government funding in the form of national subsidies has always been a major part of the Greek economic policy and an important instrument for entrepreneurship, employment growth and regional development. Especially for boosting green entrepreneurship, the Greek government lunched three programmes, the ‘Green Firm’ program, the ‘Green infrastructure’ and the ‘Relocation’ program. Four years after the official national call for the first two programs, the majority of the firms’ investments’ plans have been realized or are at the stage of completion, and either recorded as new firm establishments or being integrated into the firms’ production processes.