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The Entrepreneurial State: Debunking Public vs. Private Sector Myths is a 2013 book written by Mariana Mazzucato which argues that the United States' economic success is a result of public and state-funded investments in innovation and technology, rather than a result of the small state, free market doctrine that often receives credit for the country's strong economy.
Mariana Francesca Mazzucato (born June 16, 1968 [1]) is an Italian–American-British economist and academic.She is a professor in the Economics of Innovation and Public Value at University College London (UCL) and founding director of the UCL Institute for Innovation and Public Purpose (IIPP).
Experiments on co-production on public services have been launched in many countries, from Denmark to Malaysia, the UK and the US. [8]The term 'co-production' was originally coined in the late 1970s by Elinor Ostrom and colleagues at Indiana University to explain why neighbourhood crime rates went up in Chicago when the city's police officers retreated from the street into cars.
The triple helix model of innovation, as theorized by Etzkowitz and Leydesdorff, is based on the interactions between the three following elements and their associated 'initial role': [9] universities engaging in basic research, industries producing commercial goods and governments that are regulating markets. [2]
The quadruple and quintuple innovation helix framework describes university-industry-government-public-environment interactions within a knowledge economy.In innovation helix framework theory, first developed by Henry Etzkowitz and Loet Leydesdorff [1] [2] and used in innovation economics and theories of knowledge, such as the knowledge society and the knowledge economy, each sector is ...
The taxonomy aims to classify innovation modes according to different sectoral groups and the flow of knowledge between such groups. It was first proposed by Science Policy Research Unit (SPRU) researcher Keith Pavitt at the University of Sussex and has since been applied in innovation research to describe and categorize industries and the ...
Innovation economists believe that what primarily drives economic growth in today's knowledge-based economy is not capital accumulation as neoclassical economics asserts, but innovative capacity spurred by appropriable knowledge and technological externalities. Economic growth in innovation economics is the end-product of: [5] [6]
The directive on open data and the re-use of public sector information further stresses the importance of the principle of re-using and publishing open government data from public sector bodies for both commercial and non-commercial purposes. Even if the directive focused on the re-use principle, in Article 5 it clearly obliged member states to ...