Entrepreneurship, stages of development, and industrialization

Ács, Zoltan J. and Naudé, Wim (2012). Entrepreneurship, stages of development, and industrialization. UNU-MERIT.

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  • Author Ács, Zoltan J.
    Naudé, Wim
    Title Entrepreneurship, stages of development, and industrialization
    Publication Date 2012
    Publisher UNU-MERIT
    Abstract Unlike in the past where industrial policy was either focused on creation and growth of state-owned firms or alternatively consisted merely of broadly functional policies without consideration for firm or entrepreneurial specifics, the requirement now is that future industrial policy ought to be a nuanced partnership between entrepreneurs and the state. In this paper we outline some considerations for such an industrial policy where the entrepreneur-state nexus is paramount. Moreover, we argue that such an industrial policy will need to take into consideration that the entrepreneur-state nexus is evolving, and that it depends on the stage of development of a particular country.
    UNU Topics of Focus Entrepreneurship
    Keyword Entrepreneurship
    Structural change
    Industrial policy
    JEL O32
    Copyright Holder UNU-MERIT
    Copyright Year 2012
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    Created: Wed, 11 Dec 2013, 17:05:45 JST