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Seven reasons why mission‐oriented innovation policies seldom work in practice

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  • Magnus Henrekson
  • Christian Sandström
  • Mikael Stenkula

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  • Magnus Henrekson & Christian Sandström & Mikael Stenkula, 2024. "Seven reasons why mission‐oriented innovation policies seldom work in practice," Economic Affairs, Wiley Blackwell, vol. 44(2), pages 354-362, June.
    • Handle: RePEc:bla:ecaffa:v:44:y:2024:i:2:p:354-362
    DOI: 10.1111/ecaf.12654
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    References listed on IDEAS

    as
    1. Nicholas Bloom & John Van Reenen & Heidi Williams, 2019. "A Toolkit of Policies to Promote Innovation," Journal of Economic Perspectives, American Economic Association, vol. 33(3), pages 163-184, Summer.
    2. Elert, Niklas & Henrekson, Magnus, 2021. "Innovative Entrepreneurship as a Collaborative Effort: An Institutional Framework," Foundations and Trends(R) in Entrepreneurship, now publishers, vol. 17(4), pages 330-435, June.
    3. Garud, Raghu & Karnoe, Peter, 2003. "Bricolage versus breakthrough: distributed and embedded agency in technology entrepreneurship," Research Policy, Elsevier, vol. 32(2), pages 277-300, February.
    4. Richard R Nelson, 2011. "The Moon and the Ghetto revisited," Science and Public Policy, Oxford University Press, vol. 38(9), pages 681-690, November.
    5. John-Erik Bergkvist & Jerker Moodysson & Christian Sandström, 2022. "Third-Generation Innovation Policy: System Transformation or Reinforcing Business as Usual?," International Studies in Entrepreneurship, in: Karl Wennberg & Christian Sandström (ed.), Questioning the Entrepreneurial State, pages 201-217, Springer.
    6. repec:nos:voprec:y:2019:id:2446 is not listed on IDEAS
    7. Anders Gustafsson & Patrik Gustavsson Tingvall & Daniel Halvarsson, 2020. "Subsidy Entrepreneurs: an Inquiry into Firms Seeking Public Grants," Journal of Industry, Competition and Trade, Springer, vol. 20(3), pages 439-478, September.
    8. Shawn Kantor & Alexander Whalley, 2025. "Moonshot: Public R&D and Growth," American Economic Review, American Economic Association, vol. 115(9), pages 2891-2925, September.
    9. Christian Sandström & Carl Alm, 2022. "Directionality in Innovation Policy and the Ongoing Failure of Green Deals: Evidence from Biogas, Bio-ethanol, and Fossil-Free Steel," International Studies in Entrepreneurship, in: Karl Wennberg & Christian Sandström (ed.), Questioning the Entrepreneurial State, pages 251-269, Springer.
    10. Jeff Muldoon & Derek K. Yonai, 2023. "A wrong but seductive idea: Public choice and the entrepreneurial state," Journal of the International Council for Small Business, Taylor & Francis Journals, vol. 4(4), pages 351-361, October.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Xiaoyong Dai & Peichao Guo, 2026. "Policy failure in public support for small business innovation: the case of innovation vouchers in China," Small Business Economics, Springer, vol. 66(1), pages 393-421, January.
    2. Yingbo Li & Zihan Wang & Mariano Andres Imbert Rodriguez & Zheng Liang & Liyu Zhao, 2025. "Defining organized R&D: collective action for mission-oriented innovation," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 12(1), pages 1-15, December.
    3. Magnus Henrekson & Christian Sandström & Mikael Stenkula, 2026. "The Pitfalls of Green Deals: Introduction and Synthesis," International Studies in Entrepreneurship, in: Magnus Henrekson & Christian Sandström & Mikael Stenkula (ed.), A Green Entrepreneurial State?, pages 3-32, Springer.

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