Government as Entrepreneur

Government as Entrepreneur

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Government acts as entrepreneur when its involvement in market activities is both innovative and characterized by entrepreneurial risk. Thinking of government as entrepreneur is a unique lens through which we characterize in this book a specific subset of government policy actions. As such, our viewpoint underscores the purposeful intent of government, its ability to act in new and innovative ways, and its willingness to undertake policy actions that have uncertain outcomes. Viewing particular policy actions through an entrepreneurial lens could be useful in at least two broad dimensions. First, viewing particular government policy actions as entrepreneurial underscores the forward looking nature of policy makers as well as the need to evaluate the social outputs and outcomes of their behavior in terms of broad spillover impacts. Second, government acting as entrepreneur parallels in concept similar activities that occur in the private sector. The concept of government as entrepreneur is developed in this book using as a backdrop the intellectual history of the entrepreneur - what he/she does and why. The authors" viewpoint is then illustrated using six specific U.S. public policy examples ranging from the Biomass Research and Development Initiative to the Small Business Innovation Research program. Government as Entrepreneur will serve as a vehicle for policy makers and scholars to think about entrepreneurship, or more specifically the entrepreneurial actors in an economy, in a new more

Product details

  • Hardback | 208 pages
  • 162.56 x 233.68 x 22.86mm | 453.59g
  • Oxford University Press Inc
  • New York, United States
  • English
  • tables and figures
  • 0195369459
  • 9780195369458

Review quote

In recent years, both scholars and public policy have discovered the central role entrepreneurs play as a vital force for innovation, employment, and economic growth. This has led to a renaissance for entrepreneurship as both a scholarly field and as a focus for public policy. Most of the literature, however, highlights the role of entrepreneurs in isolation from their institutional and policy context. With the publication of this path breaking new book, Link and Link make abundantly clear the central role played by the government as entrepreneur. Using poignant case studies to enliven a compelling theoretical framework, this important new book underscores the crucial entrepreneurial role contributed by public policy. * David B. Audretsch, Director, Max Planck Institute of Economics *show more

About Albert N. Link

Albert N. Link is Professor of economics at the University of North Carolina at Greensboro. His research focuses on innovation policy, university entrepreneurship, and the economics of R&D. He is the Editor-in-Chief of the Journal of Technology Transfer, author of numerous books including Entrepreneurship, Innovation, and Technological Change (Oxford University Press, 2007) and vice- chairperson of the Innovation and Competitiveness Policies Committee of the United Nation's Economic Commission for Europe (UNECE).show more

Table of contents