Sök

Working Paper no. 331: Bureaucrats or Markets in Innovation Policy? – A critique of the entrepreneurial state

PublikationWorking paper
Christian Sandström, Financing of Innovations, Innovation, Innovationspolitik, Karl Wennberg, Nils Karlson
Wokring Paper no 331 Bureaucracies or Markets in Innovation
Ladda ner

Sammanfattning

This paper takes stock of recent suggestions that the state apparatus is a central and underappreciated actor in the generation, diffusion and exploitation of innovations enhancing growth and social welfare. We contrast such a view of “the entrepreneurial state” with theories and empirical evidence of the microeconomic processes of innovation in the modern economy which focus on well-functioning markets, free entry and competition among firms, and independent entrepreneurship as central mechanisms in the creation and dissemination of innovations. In doing so, we identify several deficiencies in the notion of an entrepreneurial state by showing that (i) there is weak empirical support in the many hundreds empirical studies and related meta analyses evaluating the effectiveness of active industrial and innovative policies, that (ii) these policies do not take account of the presence of information and incentive problems which together explain why attempts to address purported market failures often result in policy failures, and that (iii) the exclusive focus on knowledge creation through R&D and different forms of firm subsidies ignores the equally important mechanisms of knowledge dissemination and creation through commercial exploitation in markets. We discuss how a more theoretically well-founded focus on the state as investing in knowledge generation and securing the conditions of free and competitive markets will lead to a more innovative economy.

Karlson, N., Sandström, C. & Wennberg, K. (2020). Bureaucrats or Markets in Innovation Policy? – A critique of the entrepreneurial state. Working Paper no. 331. Stockholm: Ratio.


Liknande innehåll

Questioning the Entrepreneurial State
BokPublikation
Wennberg, K. & Sandström, C.
Publiceringsår

2022

Publicerat i
Sammanfattning

Western economies are struggling to recover from a decade of Plagued by structural crises, an ongoing pandemic, high unemployment and sluggish growth. As progressively looser monetary and fiscal policies have not helped, both the EU and national governments have increasingly turned towards interventionist industrial policies. Mariana Mazzucato’s The Entrepreneurial State (2011) provided an intellectual justification for these efforts, and consequently gained popularity. The message was clear: in order to get more innovation, entrepreneurship, sustainable development and growth we need more government, not less. In this book, 30 international scholars address the core ideas underpinning the entrepreneurial state. We provide evidence of both historical and recent failures of “green deals” and similar efforts, while also developing novel directions for innovation policy. In many regards, this book is a warning: huge government schemes towards specific, noble outcomes have historically been plagued with failures. In sum, we argue that innovation policy needs to be inverted: instead of being specific and targeted, it needs to be broad and general, focusing on the general conditions for firms to operate. Instead of providing targeted support to certain firms, industries or even technologies, innovation policy needs to constructively deal with barriers to innovation, including the proactive handling of vested interest groups.

The book is open access and can be downloaded here.

Rätt att välja. Framtidens vård och omsorg
BokPublikation
Karlson, N. & Lundbäck, M.
Publiceringsår

2022

Publicerat i

Dialogos förlag

Sammanfattning

Svensk vård och omsorg har väl kända problem med tillgängligheten, väntetiderna, servicenivån och vårdkedjorna. En åldrande befolkning, dyra behandlingar och en förväntad ökad efterfrågan på vård och omsorg förstärker utmaningarna. Därför behövs en breddad diskussion om hur framtidens sjukvård ska finansieras och organiseras.

I boken jämförs vård och omsorgssystemen i Sverige, Nederländerna, Australien och Schweiz, med hjälp av internationella index och fallstudier. En slutsats är att valfrihet och olika typer av försäkringslösningar i regel leder till större tillgänglighet och förbättrar förmågan till institutionellt lärande.

Ratio Working Paper No. 353: From free competition to fair competition on the European internal market
Working paperPublikation
Karlson, N., Herold, T. & Dalbard, K.
Publiceringsår

2022

Publicerat i

Ratio Working Paper

Sammanfattning

This paper investigates whether an increased use and reinterpretation of what has been called “fair competition” has occurred at the expense of “free competition” among the central institutions of the European Union. We are also interested in assessing how frequently these terms have been used by the various EU institutions over time.

We have empirically examined this through a quantitative survey of more than 12,000 public documents, out of totally 242 000 documents containing 630 million words, in the EUR-lex database over the last 50 years, from 1970 to 2020. Our conclusion is that the emphasis of the common policies in the EU is likely to have shifted from free competition and an open market economy to “fair competition” in the sense of a level playing field, in official EU documents, such as treaties, EU acts institutions, preparatory documents relating to EU directives and recommendations including motions and resolutions, case law and more.

The European Commission has been a driving force in this development, followed closely by the European Parliament and subsequently by the Council of Ministers. This change entails a risk that the regulation of the European internal market has shifted so that the dynamics of the internal market and thus the EU’s competitiveness will weaken. The change also entails a centralization of decisions at EU level at the expense of the Member States.

Visa fler

Ratio är ett fristående forskningsinstitut som forskar om hur företagandets villkor kan utvecklas och förbättras.

Sveavägen 59 4trp

Box 3203

103 64 Stockholm

Postgiro: 382621-1

|

Bankgiro: 512-6578