McGahan, Anita M.

Karl Wennberg and Christian Sandström, eds. Questioning the entrepreneurial state: Status-quo, pitfalls, and the need for Credible innovation policy. - Administrative Science Quarterly - 69(1), Mar, 2024: p.14-17

In this volume edited by Karl Wennberg and Christian Sandström, a group of 32 authors respond to Mariana Mazzucato’s groundbreaking 2011 book, The Entrepreneurial State: Debunking Public vs. Private Sector Myths, and her subsequent 2021 book, Mission Economy: A Moonshot Guide to Changing Capitalism. The main thread of the arguments in the edited volume is that efforts organized in the public sector to commercialize innovation have mainly been ineffective because publicly governed organizations are not designed for that purpose. The government—particularly the federal government—is better at legislating, regulating, and adjudicating than at developing new technologies into innovations like the smartphone and the jetliner.- Reproduced

https://journals.sagepub.com/doi/full/10.1177/00018392231209761