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Public Sector Entrepreneurship - U.S. Technology and Innovation Policy (Hardcover)
Loot Price: R1,444
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Public Sector Entrepreneurship - U.S. Technology and Innovation Policy (Hardcover)
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Public sector entrepreneurship refers to innovative public policy
initiatives that generate greater economic prosperity. These
initiatives can transform a status quo economic environment into
one that is more conducive to economic units engaging in creative
and innovative activities in the face of uncertainty. Public Sector
Entrepreneurship traces the historical development of the concepts
of private and public sector entrepreneurship and their connection
to the separate notions of risk and uncertainty. Based on a formal
conceptualization of these notions, the book illustrates throughout
public sector entrepreneurship in practice using examples from U.S.
technology and innovation policy. Technology policy-policy to
enhance the application of new knowledge, learned through science,
to some known problem-and innovation policy-policy to enhance the
commercialization of a technology-are quintessential examples of
the public sector recognizing and exploiting opportunities to bring
about change and efficiency. Using this concept of public sector
entrepreneurship as the lens to view the Bayh-Dole Act of 1980, the
Stevenson-Wydler Act of 1980, the R&E Tax Credit of 1981, Small
Business Innovation Development Act of 1982, the National
Cooperative Research Act of 1984, and the Omnibus Trade and
Competitiveness Act of 1988 affords us the ability to find elements
of commonality among these policies and to discuss their impact on
the U.S. economy from the perspective of entrepreneurial action.
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