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  • Public Sector Entrepreneurship: U.S. Technology and Innovation Policy

    Public Sector Entrepreneurship by Leyden, Dennis Patrick; Link, Albert N.;

    U.S. Technology and Innovation Policy

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    Product details:

    • Publisher OUP USA
    • Date of Publication 5 March 2015

    • ISBN 9780199313853
    • Binding Hardback
    • No. of pages266 pages
    • Size 160x234x25 mm
    • Weight 513 g
    • Language English
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    Short description:

    Public sector entrepreneurship refers to innovative public policy initiatives that generate greater economic prosperity by transforming a status quo economic environment into one more conducive to creative and innovative activities under uncertainty. This book illustrates public sector entrepreneurship using examples from U.S. technology and innovation policy.

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    Long description:

    Public sector entrepreneurship refers to innovative public policy initiatives that generate greater economic prosperity. These initiatives can transform a status quo economic environment into one that is more conducive to economic units engaging in creative and innovative activities in the face of uncertainty.

    Public Sector Entrepreneurship traces the historical development of the concepts of private and public sector entrepreneurship and their connection to the separate notions of risk and uncertainty. Based on a formal conceptualization of these notions, the book illustrates throughout public sector entrepreneurship in practice using examples from U.S. technology and innovation policy.

    Technology policy-policy to enhance the application of new knowledge, learned through science, to some known problem-and innovation policy-policy to enhance the commercialization of a technology-are quintessential examples of the public sector recognizing and exploiting opportunities to bring about change and efficiency. Using this concept of public sector entrepreneurship as the lens to view the Bayh-Dole Act of 1980, the Stevenson-Wydler Act of 1980, the R&E Tax Credit of 1981, Small Business Innovation Development Act of 1982, the National Cooperative Research Act of 1984, and the Omnibus Trade and Competitiveness Act of 1988 affords us the ability to find elements of commonality among these policies and to discuss their impact on the U.S. economy from the perspective of entrepreneurial action.

    There is little doubt that the public sector has been the Achilles heel of the American economy. With this thoughtful and insightful new book, Leyden and Link pioneer a thoughtful approach and propose a bold new vision and blueprint for a fundamental rethinking of the role and approach of the public sector. Just as entrepreneurship has revolutionized what drives the economy in the private sector, Leyden and Link pave the way for the forgotten man in economic growth and development-an entrepreneurial public sector.

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    Table of Contents:

    Chapter 1: Introduction
    Part I: Defining Public Sector Entrepreneurship
    Chapter 2: Entrepreneurship
    Chapter 3: Toward a Theory of Public Sector Entrepreneurship
    Chapter 4: Setting the Stage
    Part II: Policy Examples of Public Sector Entrepreneurship
    Chapter 5: The Bayh-Dole Act of 1980
    Chapter 6: The Stevenson-Wydler Act of 1980
    Chapter 7: The R&E Tax Credit of 1981
    Chapter 8: The Small Business Innovation Development Act of 1982
    Chapter 9: The National Cooperative Research Act of 1984
    Chapter 10: The Omnibus Trade and Competitiveness Act of 1988
    Part III: The Public Sector Entrepreneurship Perspective
    Chapter 11: Past is Prologue
    Chapter 12: Concluding Observations

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