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Entrepreneurial Ventures and the Developmental State: Lessons from the Advanced Economies

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  • William Lazonick

Abstract

A basic intellectual challenge for those concerned with the poverty of nations is to come to grips with the nature and causes of the wealth of the world's wealthier nations. One might then be in a position to inform the poorer nations how they might achieve similar outcomes. This paper is organized around what I call 'the theory of innovative enterprise', a perspective derived from the historical and comparative study of the development of the advanced economies.

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  • William Lazonick, 2008. "Entrepreneurial Ventures and the Developmental State: Lessons from the Advanced Economies," WIDER Working Paper Series DP2008-01, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:dp2008-01
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    References listed on IDEAS

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    Cited by:

    1. Wim Naudé, 2009. "Out with the Sleaze, in with the Ease: Insufficient for Entrepreneurial Development?," WIDER Working Paper Series RP2009-01, World Institute for Development Economic Research (UNU-WIDER).
    2. United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) (ed.), 2009. "Globalization of Production and the Competitiveness of Small and Medium-sized Enterprises in Asia and the Pacific: Trends and Prospects," STUDIES IN TRADE AND INVESTMENT, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), volume 65, number tipub2540, April.
    3. Lazonick, William, 2012. "Financialization of the U.S. corporation: what has been lost, and how it can be regained," MPRA Paper 42307, University Library of Munich, Germany, revised 29 Oct 2012.
    4. Naudé, Wim, 2011. "Entrepreneurship is Not a Binding Constraint on Growth and Development in the Poorest Countries," World Development, Elsevier, vol. 39(1), pages 33-44, January.
    5. Naudé, Wim, 2011. "Entrepreneurship is Not a Binding Constraint on Growth and Development in the Poorest Countries," World Development, Elsevier, vol. 39(1), pages 33-44, January.
    6. Ida Ketut Kusumawijaya, 2019. "Predicting the Unseen: Entrepreneurial Opportunity on Entrepreneurial Intention," International Review of Management and Marketing, Econjournals, vol. 9(5), pages 141-149.
    7. McEDWARD MURIMBIKA & BORIS URBAN, 2014. "Strategic Innovation At The Firm Level: The Impact Of Strategic Management Practices On Entrepreneurial Orientation," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 18(02), pages 1-38.
    8. Thomas Gries & Wim Naudé, 2010. "Entrepreneurship and structural economic transformation," Small Business Economics, Springer, vol. 34(1), pages 13-29, January.
    9. Jamee K. Moudud, 2010. "Strategic Competition, Dynamics, and the Role of the State," Books, Edward Elgar Publishing, number 4241.
    10. Boris Urban & Eric Wood, 2015. "The importance of opportunity recognition behaviour and motivators of employees when engaged in corporate entrepreneurship," Journal of Business Economics and Management, Taylor & Francis Journals, vol. 16(5), pages 980-994, October.
    11. Murray, Gordon, 2020. "Ten Meditations on (Public) Venture Capital – Revisited," MPRA Paper 104389, University Library of Munich, Germany.
    12. William Lazonick, 2012. "Corporate Governance, Innovative Enterprise and Executive Pay," Chapters, in: Michael Dietrich & Jackie Krafft (ed.), Handbook on the Economics and Theory of the Firm, chapter 25, Edward Elgar Publishing.
    13. Kristen Hopewell, 2021. "Power transitions and global trade governance: The impact of a rising China on the export credit regime," Regulation & Governance, John Wiley & Sons, vol. 15(3), pages 634-652, July.

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    Keywords

    Economic policy (Business enterprises); Economic development; Entrepreneurship; Intellectual property; Subsidies;
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