Schumpeterian entrepreneurship: coveted by policymakers but impervious to top-down policymaking

Henrekson, MagnusResearch Institute of Industrial Economics (IFN), Stockholm, Sweden,Research Institute of Industrial Economics (SE) (författare)

Schumpeterian entrepreneurship : coveted by policymakers but impervious to top-down policymaking

LIBRIS-ID:oai:DiVA.org:oru-98027
https://urn.kb.se/resolve?urn=urn:nbn:se:oru:diva-98027URI
https://doi.org/10.1007/s00191-022-00761-yDOI
https://research.hhs.se/esploro/outputs/journalArticle/Schumpeterian-entrepreneurship-coveted-by-policymakers-but/991001480317406056URI

Differentiating various types of entrepreneurs provides clues to the puzzle of why vertical or top-down policies often fail to create Schumpeterian entrepreneurship and the ecosystems where it thrives. Schumpeterian entrepreneurship is intrinsically contrarian, whereas public policy has a bias toward incremental innovation and replication of past success. If central planners knew what the next radical innovation would be, there would be no need for Schumpeterian entrepreneurs. Schumpeterian entrepreneurs create not only companies but also institutions in the entrepreneurial support system. These ever-evolving structures are too complex to design, and central planning instead reduces the space for organic institutional innovation.

Kärnä, Anders,1985-Örebro universitet,Handelshögskolan vid Örebro Universitet,Research Institute of Industrial Economics (IFN), Stockholm, Sweden,Research Institute of Industrial Economics (SE)(Swepub:oru)aogn (författare)
Sanandaji, TinoStockholm School of Economics,Handelshögskolan i Stockholm(Swepub:hhs)4030@hhs.se (författare)
Research Institute of Industrial Economics (IFN), Stockholm, SwedenResearch Institute of Industrial Economics (SE) (creator_code:org_t)

Ingår i:Journal of evolutionary economics: Springer32:3, s. 867-8900936-99371432-1386

Av författaren/redakt...: Henrekson, Magnu ...; Kärnä, Anders, 1 ...; Sanandaji, Tino

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