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, WimTitle 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
Industrialization
Structural change
Industrial policy
Innovation
DevelopmentJEL O32
L52
L53
M13Copyright Holder UNU-MERIT Copyright Year 2012 -
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