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This book, which builds on the author's work for a high-impact DEMOS report, debunks the myth of the state as a large bureaucratic organization that can at best facilitate the creative innovation which happens in the dynamic private sector. Analysing various case studies of innovation-led growth, in particular examples from Silicon Valley - from the Internet to the technologies behind the iPhone - it describes the opposite situation, whereby the private sector only finds the courage to invest after the entrepreneurial state has made the high-risk investments. It argues that in the history of modern capitalism - and today in what might soon become the 'green' revolution - the state has not only fixed market failures but also shaped and created markets, actively investing in new technologies and sectors that private investors only later find the courage to move into.

338.047 --- Entrepreneurship --- -Technological innovations --- -Research, Industrial --- Diffusion of innovations --- 658.114 --- 338.901.2 --- 65.016.7 --- 338.93 --- 658 --- 338.04 --- Innovations, Diffusion of --- Acculturation --- Communication --- Culture diffusion --- Technological innovations --- Contract research --- Industrial research --- Research --- Engineering experiment stations --- Inventions --- Breakthroughs, Technological --- Innovations, Industrial --- Innovations, Technological --- Technical innovations --- Technological breakthroughs --- Technological change --- Creative ability in technology --- Domestication of technology --- Innovation relay centers --- Research, Industrial --- Technology transfer --- Entrepreneur --- Intrapreneur --- Capitalism --- Business incubators --- Privé en openbare bedrijven. Openbare diensten. Gemengde economie. --- Government policy --- private sector - privé-sector - privé-ondernemingen - private ondernemingen --- non-profit sector - quartaire sector - collectieve sector - openbare sector (zie ook 331.626.133.2) --- bedrijfsreorganisatie - sanering van organisaties - bedrijfsinnovatie --- ondernemingsproblematiek --- Business management, administration. Commercial organization --- Research, Industrial. --- Diffusion of innovations. --- Government policy. --- 658 Business management, administration. Commercial organization --- publieke opinie --- #SBIB:35H201 --- Overheidsmanagement: technieken --- #SBIB:33H041 --- #SBIB:33H13 --- Economische ontwikkelingen en bewegingen --- Economische politiek --- Privé en openbare bedrijven. Openbare diensten. Gemengde economie --- Economic production --- Public economics --- Firms and enterprises --- productiviteit --- Entrepreneuriat --- Innovations --- Recherche industrielle --- Politique gouvernementale --- Diffusion --- 658 Zaakvoering, administrat --- Zaakvoering, administrat --- Entrepreneurship -- Government policy. --- Technological innovations -- Government policy.