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  • Government as Entrepreneur

    Government as Entrepreneur by Link, Albert N; Link, Jamie R;

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      • Publisher's listprice GBP 45.99
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    Product details:

    • Publisher OUP USA
    • Date of Publication 27 August 2009

    • ISBN 9780195369458
    • Binding Hardback
    • No. of pages210 pages
    • Size 155x236x20 mm
    • Weight 440 g
    • Language English
    • Illustrations tables and figures
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    Short description:

    Interest in entrepreneurship and its impact on the economy has recently exploded and while there have been books published on various aspects of entrepreneurship, literature on the role of government has been noticeably absent. This book is the first broad effort to emphasize the entrepreneurial aspects of governments. It is also the first systematic treatment of U.S. innovation policies to promote the formation of strategic research partnerships. The book will be of historical importance in that it will trace the formation of relevant and growing U.S. public policy initiatives and assess their economic importance. It will foster a new perspective on the role of government and how incentives for government to act entrepreneurially might be instituionalized.

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    Long description:

    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 way.

    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.

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    Table of Contents:

    List of Figures
    List of Tables
    Government as Entrepreneur: An Introduction
    Overview of Fundamental Concepts: Setting the Stage
    Research Partnerships: Organizational Structures for Innovative Efficiency
    Advanced Technology Program: Stimulating Competitiveness through Cooperative Research
    National Institute of Standards and Technology: An Institutional Response to Innovation Barriers
    Biofuels: The Renewable Fuel Standards
    University Research Parks: Prospective Infrastructural Policies
    Small Business Innovation Research Program: An Environment to Enhance Commercialization
    Conclusions
    References
    Index
    About the Authors

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