Today the fund is widely hailed as a flexible and innovative crisis-responder.
However, as this is a complex and hardly predictable task that is fraught with challenges, a collaborative and monitored long-term implementation strategy seems just as relevant as the innovative approach to crisis.
In addition, what is most relevant for the objectives of this paper is the interplay between institutional path dependency, developed in times of prosperity, and the need for innovative responses to crisis.
Also, in regard to the life-world, the innovative contribution of Crisis lies in Husserl's attempt to provide a thematic account of history and the historicity of the life-world, and of the constituting subjectivity within the overall framework of transcendental phenomenology.
For example, whereas we need to know about radiation levels from Japan, oil contamination in the Gulf and cost overuns in the public sector, most important is that the government invites "all hands on deck" to develop innovative solutions to crises such as these -- solutions that the government doesn't always readily devise on its own.
European countries have particular reason, therefore, to help their most innovative SMEs through the crisis.
The pilot program, called Sib-Links, is a costly and innovative response to a crisis in the foster-care system: the number of children needing care -- more than half a million -- has doubled since 1985, while the number of foster families has diminished slightly.
Yet no research has considered the differential effect of the crisis on innovative firms.
The third section reflects on the insights gained through the case study analysis regarding strategic approaches to oppose crisis through innovative urban governance models.
It is always current and contemporary, especially during periods of crisis where innovative and successful entrepreneurial activities surface and appear on the scene, adding 'We need to get rid of the stereotypes, because they are out of fashion'.
