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The Role of Public Policy in Fostering Technology-Based Nascent Entrepreneurship

In: Technology-Based Nascent Entrepreneurship

Author

Listed:
  • Donald F. Kuratko

    (Indiana University Bloomington)

  • Matthias Menter

    (University of Augsburg)

Abstract

How public policy shapes and fosters technology based nascent entrepreneurship is one that is challenging for policy makers, supporting institutions, public and private sector actors. The chapter focuses on the impact of public policy on entrepreneurial activities in general and nascent entrepreneurship in specific, taking the knowledge spillover theory of entrepreneurship and the associated assumption of entrepreneurial opportunities being endogenously induced by knowledge investments as a starting point. Taking clusters and high technology entrepreneurship the chapter uses the Leading Edge Cluster Competition in Germany to examine the role of public policy. The essential role of universities is highlighted in promoting nascent entrepreneurship not only in the private but also in the public sector in the context of the German Excellence Initiative as well as the wider implications for public policy are discussed.

Suggested Citation

  • Donald F. Kuratko & Matthias Menter, 2017. "The Role of Public Policy in Fostering Technology-Based Nascent Entrepreneurship," Palgrave Advances in Economics of Innovation and Technology, in: James A. Cunningham & Conor O'Kane (ed.), Technology-Based Nascent Entrepreneurship, chapter 0, pages 19-52, Palgrave Macmillan.
    • Handle: RePEc:pal:paiecp:978-1-137-59594-2_2
    DOI: 10.1057/978-1-137-59594-2_2
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    Citations

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    Cited by:

    1. James A. Cunningham & Erik E. Lehmann & Matthias Menter, 2022. "The organizational architecture of entrepreneurial universities across the stages of entrepreneurship: a conceptual framework," Small Business Economics, Springer, vol. 59(1), pages 11-27, June.
    2. James A. Cunningham & Erik E. Lehmann & Matthias Menter & Nikolaus Seitz, 2019. "The impact of university focused technology transfer policies on regional innovation and entrepreneurship," The Journal of Technology Transfer, Springer, vol. 44(5), pages 1451-1475, October.
    3. Erik E. Lehmann & Matthias Menter, 2018. "Public cluster policy and performance," The Journal of Technology Transfer, Springer, vol. 43(3), pages 558-592, June.
    4. James A. Cunningham & Matthias Menter & Katharine Wirsching, 2019. "Entrepreneurial ecosystem governance: a principal investigator-centered governance framework," Small Business Economics, Springer, vol. 52(2), pages 545-562, February.
    5. Yang Pan & Peng Huang & Anandasivam Gopal, 2019. "Storm Clouds on the Horizon? New Entry Threats and R&D Investments in the U.S. IT Industry," Information Systems Research, INFORMS, vol. 30(2), pages 540-562, June.
    6. Yunis, Manal & Tarhini, Abbas & Kassar, Abdulnasser, 2018. "The role of ICT and innovation in enhancing organizational performance: The catalysing effect of corporate entrepreneurship," Journal of Business Research, Elsevier, vol. 88(C), pages 344-356.

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