A wrong but seductive idea: Public choice and the entrepreneurial state

Muldoon, Jeff; Yonai, Derek K.

doi:10.1080/26437015.2023.2182730

Cited by 10 publications

(2 citation statements)

References 18 publications

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“…While it is likely that both politicians and bureaucrats are not solely driven by self-interest, it would be naïve to assume that policymakers are completely free of it. Muldoon and Yonai (2023) argue that advocates of missions often assume that bureaucrats and civil servants are well-informed and selfless, while states and governments are similarly portrayed as thoughtful, basing their decisions only on relevant information without other (e.g. partisan) considerations.…”

Section: Politicians and Government Agencies Are Not Exempt From Self...mentioning

confidence: 99%

“…According to Schnellenbach, this method of argumentation has been used to implement many missions such as DARPA and the original Apollo programme. 3 See Muldoon and Yonai (2023) for further examples of missions giving rise to rent seeking. 4 Many important contributions in the innovation and entrepreneurship literature also explicitly or implicitly emphasise this idea.…”

Section: Endnotesmentioning

confidence: 99%

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Seven reasons why mission‐oriented innovation policies seldom work in practice

Henrekson,

Sandström,

Stenkula

2024

Economic Affairs

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Section: Politicians and Government Agencies Are Not Exempt From Self...mentioning

confidence: 99%

Section: Endnotesmentioning

confidence: 99%

Seven reasons why mission‐oriented innovation policies seldom work in practice

Henrekson,

Sandström,

Stenkula

2024

Economic Affairs

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Moonshots and the New Industrial Policy: Questioning the Mission Economy

Henrekson,

Sandström,

Stenkula

2024

International Studies in Entrepreneurship

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The notion that society should be organized around large so-called missions has gained momentum in public debate, and the reemergence of active industrial policy across the world has been inspired by academic scholars promoting the idea of mission-oriented innovation policies (MOIPs). Besides this introductory chapter, this collective volume consists of 16 chapters distributed across 3 overarching themes: theoretical perspectives, empirical evidence, and alternative paths. The volume provides a comprehensive assessment and normative critique of the efficacy of such policies. In addition to summing up the main findings in the 16 chapters, this introduction provides some additional analysis, pins down the most important general conclusions, and suggests future research questions. Today’s economies are highly dependent on a well-functioning process of decentralized experimentation, selection, and screening. Instead of large-scale MOIPs, governments should strive to create an institutional framework that levels the playing field for potential entrepreneurs while encouraging productive entrepreneurship.

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A Public Choice Perspective on Mission-Oriented Innovation Policies and the Behavior of Government Agencies

Björnemalm,

Sandström,

Åkesson

2024

International Studies in Entrepreneurship

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Mission-oriented innovation policies put government and state agencies at the forefront of the innovation process. Currently, little is known about the interests of the government agencies in charge of implementing mission-oriented innovation policies. In this chapter, we set out to explore the incentives and behavior of such government agencies. We do so by analyzing 33 annual reports from three government agencies in charge of implementing innovation policies in Sweden over a 10-year period: Sweden’s Innovation Agency (Vinnova), the Swedish Energy Agency (Energimyndigheten), and the Swedish Agency for Regional and Economic Growth (Tillväxtverket). First, we track all cases in these annual reports where an evaluation is mentioned. Identifying 654 instances, we subsequently make a sentiment analysis and code whether these statements are positive, neutral, or negative. Our findings show that 84% of these instances are positive, 12% are neutral, and 4% are negative. Second, we relate these results to more critical evaluations and show that these agencies often ignore research that generates more critical results. In sum, our results suggest that government agencies in charge of implementing mission-oriented policies benefit from the enlarged role they are given and that they act according to their own self-interest.

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A wrong but seductive idea: Public choice and the entrepreneurial state

Cited by 10 publications

References 18 publications

Seven reasons why mission‐oriented innovation policies seldom work in practice

Seven reasons why mission‐oriented innovation policies seldom work in practice

Moonshots and the New Industrial Policy: Questioning the Mission Economy

A Public Choice Perspective on Mission-Oriented Innovation Policies and the Behavior of Government Agencies

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