The entrepreneurial state

The entrepreneurial state
September 11, 2013 Economist.com
entrepreneurial state

The Economist reports on a new book that points out the big role governments play in creating innovative businesses. Economists have long recognised that the state has a role in promoting innovation, in any case. At its best, the newly coined entrepreneurial state is nothing less than the ultimate Schumpeterian innovator – generating the gales of creative destruction that provide strong tailwinds for private firms like Apple…

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