Template-type: ReDIF-Paper 1.0
Author-Name: Ács, Zoltan J.
Author-Email: zacs@gmu.edu
Author-Workplace-Name: George Mason University, School of Public Policy
Author-Name: Naudé, Wim
Author-Email: wim.naude@maastrichtuniversity.nl
Author-Workplace-Name: UNU-MERIT/MGSoG, University of Maastricht
Title: Entrepreneurship, stages of development, and industrialization
Abstract: Unlike in the past where industrial policy was either focused on 
	 creation and growth of state-owned firms or alternatively consisted 
	 merely of broadly functional policies without consideration for firm or 
	 entrepreneurial specifics, the requirement now is that future industrial 
	 policy ought to be a nuanced partnership between entrepreneurs and the 
	 state. In this paper we outline some considerations for such an 
	 industrial policy where the entrepreneur-state nexus is paramount. 
	 Moreover, we argue that such an industrial policy will need to take into 
	 consideration that the entrepreneur-state nexus is evolving, and that it 
	 depends on the stage of development of a particular country.
Classification-JEL: O32, L52, L53, M13 
Keywords: entrepreneurship, industrialization, structural change, 
	 industrial policy, innovation, development
Series: UNU-MERIT Working Papers
Creation-Date: 2012
Number: 2012-021
File-URL: https://unu-merit.nl/publications/wppdf/2012/wp2012-021.pdf
File-Format: application/pdf
File-Size: 275 Kb
Handle: RePEc:unm:unumer:2012021