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Entrepreneurship and innovation: public policy frameworks

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  • David Audretsch
  • Albert Link

Abstract

The purpose of this paper is to identify and unravel the disparate views toward innovation prevalent within the economic community and to link them to the various public policy approaches. These various schools of thought, or ways of thinking about the economy in general and the role of entrepreneurship and innovation in particular, not only shape how innovation and entrepreneurial activity are valued, but also the overall policy debate concerning innovation and entrepreneurship. Unraveling of these views sets highlights the disparate way in which entrepreneurial activity leading to innovation is valued.
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Suggested Citation

  • David Audretsch & Albert Link, 2012. "Entrepreneurship and innovation: public policy frameworks," The Journal of Technology Transfer, Springer, vol. 37(1), pages 1-17, February.
    • Handle: RePEc:kap:jtecht:v:37:y:2012:i:1:p:1-17
    DOI: 10.1007/s10961-011-9240-9
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    1. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
    2. Carlsson, Bo, 1992. "The Rise of Small Business: Causes and Consequences," Working Paper Series 357, Research Institute of Industrial Economics.
    3. David Audretsch, 2009. "The entrepreneurial society," The Journal of Technology Transfer, Springer, vol. 34(3), pages 245-254, June.
    4. David Audretsch & Albert Link, 2012. "Valuing an entrepreneurial enterprise," Small Business Economics, Springer, vol. 38(2), pages 139-145, February.
    5. Robert E. Carpenter & Bruce C. Petersen, 2002. "Is The Growth Of Small Firms Constrained By Internal Finance?," The Review of Economics and Statistics, MIT Press, vol. 84(2), pages 298-309, May.
    6. Robert D. Atkinson & David B. Audretsch, 2010. "Economic Doctrines and Innovation Policy," Innovations: Technology, Governance, Globalization, MIT Press, vol. 5(1), pages 163-206, January.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Entrepreneurship; Innovation; Economic theory; L26; O31; E1;
    All these keywords.

    JEL classification:

    • E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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