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Choice Reviews Online· 2014

The entrepreneurial state: debunking public vs. private sector myths

Short summary

This book argues that the state, not private enterprise, is the primary driver of technological innovation and economic growth, challenging the myth of a purely private sector-led innovation landscape.

AI-generated from the title and abstract; the full text is not read.

Key points

  • The state is the primary engine of technological innovation and economic growth.
  • Private sector success often relies on de-risked foundational research funded by the public.
  • Historical examples include government roles in green industrial revolutions and the development of key technologies.
  • The book challenges the narrative of 'socializing risk and privatizing rewards'.

AI-generated from the title and abstract; the full text is not read.

Abstract

Introduction: Thinking Big Again 1. From Crisis Ideology to the Division of Innovative Labour 2. Technology, Innovation and Growth 3. Risk-Taking State: From 'De-risking' to 'Bring It On!' 4. The US Entrepreneurial State 5. The State behind the iPhone 6. Pushing vs. Nudging the Green Industrial Revolution 7. Wind and Solar Power: Government Success Stories and Technology in Crisis 8. Risks and Rewards: From Rotten Apples to Symbiotic Ecosystems 9. Socialization of Risk and Privatization of Rewards: Can the Entrepreneurial State Eat Its Cake Too? 10. Conclusion

The authors' abstract, as published at the source. Choice Reviews Online, 2014 · DOI ↗

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Field: General Economics, Econometrics and Finance

General Economics, Econometrics and FinanceEconomics, Econometrics and Finance