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Entrepreneurship and Innovation: Public Policy Frameworks

Author

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  • Audretsch, David B.

    () (Indiana University)

  • Link, Albert N.

    () (University of North Carolina at Greensboro, Department of Economics)

Abstract

The purpose of this paper is to identify and unravel the disparate views toward innovation prevalent within the economic community and to link them to the various public policy approaches. These various schools of thought, or ways of thinking about the economy in general and the role of entrepreneurship and innovation in particular, not only shape how innovation and entrepreneurial activity are valued, but also the overall policy debate concerning innovation and entrepreneurship. Unraveling of these views sets highlights the disparate way in which entrepreneurial activity leading to innovation is valued.

Suggested Citation

  • Audretsch, David B. & Link, Albert N., 2011. "Entrepreneurship and Innovation: Public Policy Frameworks," UNCG Economics Working Papers 11-19, University of North Carolina at Greensboro, Department of Economics.
  • Handle: RePEc:ris:uncgec:2011_019
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    References listed on IDEAS

    as
    1. Albert N. Link & John T. Scott, 2013. "Governments as entrepreneur: Evaluating the commercialization success of SBIR projects," Chapters,in: Public Support of Innovation in Entrepreneurial Firms, chapter 2, pages 25-38 Edward Elgar Publishing.
    2. David B. Audretsch & Max Keilbach, 2007. "The Theory of Knowledge Spillover Entrepreneurship," Journal of Management Studies, Wiley Blackwell, vol. 44(7), pages 1242-1254, November.
    3. Zoltán J. Ács & Pamela Mueller, 2015. "Employment effects of business dynamics: Mice, Gazelles and Elephants," Chapters,in: Global Entrepreneurship, Institutions and Incentives, chapter 16, pages 304-319 Edward Elgar Publishing.
    4. David Audretsch, 2009. "The entrepreneurial society," The Journal of Technology Transfer, Springer, vol. 34(3), pages 245-254, June.
    5. Audretsch, David B. & Link, Albert N., 2012. "Valuing an Entrepreneurial Enterprise," OUP Catalogue, Oxford University Press, number 9780199730377.
    6. David B. Audretsch, 2007. "From small business promotion to creating an entrepreneurial society," CESifo Forum, Ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 8(2), pages 3-6, July.
    7. Audretsch, David B. & Keilbach, Max C. & Lehmann, Erik E., 2006. "Entrepreneurship and Economic Growth," OUP Catalogue, Oxford University Press, number 9780195183511.
    8. Robert D. Atkinson & David B. Audretsch, 2010. "Economic Doctrines and Innovation Policy," Innovations: Technology, Governance, Globalization, MIT Press, vol. 5(1), pages 163-206, January.
    9. Smith, Adam, 1776. "An Inquiry into the Nature and Causes of the Wealth of Nations," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number smith1776.
    10. Schultz, Theodore W, 1975. "The Value of the Ability to Deal with Disequilibria," Journal of Economic Literature, American Economic Association, vol. 13(3), pages 827-846, September.
    11. David B. Audretsch, 1995. "Innovation and Industry Evolution," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262011468, January.
    12. O'Mara, Margaret Pugh, 2004. "Building High-Tech Clusters: Silicon Valley and Beyond. Edited by Timothy Bresnahan and Alfonso Gambardella. Cambridge: Cambridge University Press, 2004. Pp. x, 369. $85.00," The Journal of Economic History, Cambridge University Press, vol. 64(03), pages 919-921, September.
    13. Smith, Adam, 2008. "An Inquiry into the Nature and Causes of the Wealth of Nations: A Selected Edition," OUP Catalogue, Oxford University Press, number 9780199535927 edited by Sutherland, Kathryn.
    14. Scherer, F M, 1992. "Schumpeter and Plausible Capitalism," Journal of Economic Literature, American Economic Association, vol. 30(3), pages 1416-1433, September.
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    Citations

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    Cited by:

    1. David B. Audretsch & Erik E. Lehmann & Stefano Paleari & Silvio Vismara, 2016. "Entrepreneurial finance and technology transfer," The Journal of Technology Transfer, Springer, vol. 41(1), pages 1-9, February.
    2. Cosmin MARINESCU, 2012. "Transaction Costs and Economic Performance: An Institutional Approach," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 15(2), pages 371-379, December.
    3. Christiane Gebhardt, 2013. "The making of plasma medicine. Strategy driven clusters and the emerging roles of cluster management and government supervision," The Journal of Technology Transfer, Springer, vol. 38(4), pages 401-414, August.
    4. repec:kap:sbusec:v:50:y:2018:i:4:d:10.1007_s11187-017-9901-7 is not listed on IDEAS
    5. Douglas Cumming & Sofia Johan, 2016. "Venture’s economic impact in Australia," The Journal of Technology Transfer, Springer, vol. 41(1), pages 25-59, February.
    6. repec:eee:tefoso:v:123:y:2017:i:c:p:130-141 is not listed on IDEAS
    7. Areti Gkypali & Vasileios Kokkinos & Christos Bouras & Kostas Tsekouras, 2016. "Science parks and regional innovation performance in fiscal austerity era: Less is more?," Small Business Economics, Springer, vol. 47(2), pages 313-330, August.
    8. Gregory Tassey, 2014. "Competing in Advanced Manufacturing: The Need for Improved Growth Models and Policies," Journal of Economic Perspectives, American Economic Association, vol. 28(1), pages 27-48, Winter.
    9. Yuandi Wang & Zhao Zhou & Jason Li-Ying, 2013. "The impact of licensed-knowledge attributes on the innovation performance of licensee firms: evidence from the Chinese electronic industry," The Journal of Technology Transfer, Springer, vol. 38(5), pages 699-715, October.
    10. repec:kap:jtecht:v:42:y:2017:i:2:d:10.1007_s10961-016-9495-2 is not listed on IDEAS
    11. E. Carayannis & E. Grigoroudis, 2014. "Linking innovation, productivity, and competitiveness: implications for policy and practice," The Journal of Technology Transfer, Springer, vol. 39(2), pages 199-218, April.
    12. repec:spr:scient:v:103:y:2015:i:2:d:10.1007_s11192-015-1552-3 is not listed on IDEAS

    More about this item

    Keywords

    Entrepreneurship; Innovation; Economic Theory;

    JEL classification:

    • E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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