IDEAS home Printed from https://ideas.repec.org/h/spr/inschp/978-3-031-49196-2_12.html
   My bibliography  Save this book chapter

A Public Choice Perspective on Mission-Oriented Innovation Policies and the Behavior of Government Agencies

In: Moonshots and the New Industrial Policy

Author

Listed:
  • Rickard Björnemalm

    (Stockholm School of Economics)

  • Christian Sandström

    (Jönköping International Business School
    The Ratio Institute)

  • Nelly Åkesson

    (Lund University)

Abstract

Mission-oriented innovation policies put government and state agencies at the forefront of the innovation process. Currently, little is known about the interests of the government agencies in charge of implementing mission-oriented innovation policies. In this chapter, we set out to explore the incentives and behavior of such government agencies. We do so by analyzing 33 annual reports from three government agencies in charge of implementing innovation policies in Sweden over a 10-year period: Sweden’s Innovation Agency (Vinnova), the Swedish Energy Agency (Energimyndigheten), and the Swedish Agency for Regional and Economic Growth (Tillväxtverket). First, we track all cases in these annual reports where an evaluation is mentioned. Identifying 654 instances, we subsequently make a sentiment analysis and code whether these statements are positive, neutral, or negative. Our findings show that 84% of these instances are positive, 12% are neutral, and 4% are negative. Second, we relate these results to more critical evaluations and show that these agencies often ignore research that generates more critical results. In sum, our results suggest that government agencies in charge of implementing mission-oriented policies benefit from the enlarged role they are given and that they act according to their own self-interest.

Suggested Citation

  • Rickard Björnemalm & Christian Sandström & Nelly Åkesson, 2024. "A Public Choice Perspective on Mission-Oriented Innovation Policies and the Behavior of Government Agencies," International Studies in Entrepreneurship, in: Magnus Henrekson & Christian Sandström & Mikael Stenkula (ed.), Moonshots and the New Industrial Policy, pages 213-234, Springer.
    • Handle: RePEc:spr:inschp:978-3-031-49196-2_12
    DOI: 10.1007/978-3-031-49196-2_12
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:inschp:978-3-031-49196-2_12. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.