The Entrepreneurial State: Debunking Public vs. Private Sector Myths
Description
Challenging the conventional belief that private enterprise is the primary engine of innovation, this influential work reexamines the state’s role in driving economic growth and technological change. Drawing on case studies across information technology, biotechnology, nanotechnology, and green technology, it shows how public investment has often assumed the earliest and greatest risks—creating the foundations on which private-sector success later depends. The book argues that governments do more than correct market failures: they can shape markets, guide innovation, and pursue ambitious long-term goals. It ultimately asks how economies can build a fairer system in which the public shares more fully in the rewards of the risks it helps finance.
Available Editions
paperback
Anthem Press
Published Jun 10, 2013
266 pages
ISBN: 9780857282514
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Details
First Published
2011
Language
eng
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