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Do winners pick government? How scale-up experience shapes entrepreneurs’ assessments of innovation policy mixes

Steven Denney, Travis Southin and David A Wolfe

Science and Public Policy, 2023, vol. 50, issue 5, 858-870

Abstract: How do entrepreneurs of high-growth firms in small, open economies evaluate innovation policy mixes? In response to market consolidation by large firms, governments in such countries are using a mix of innovation policy tools to support firms with high-growth potential in digitally intensive sectors. Government objectives, however, are not being realized. Bringing actor-centric perspectives to the policy mix literature, we analyze interviews with entrepreneurs from Canadian technology firms to determine whether there is a disconnect between the objectives and instruments employed by the government. With distinct policy preferences rooted in their growth experiences specific to the country’s political economy, we find that scale-up entrepreneurs prefer a more active role of the government in the form of demand-side, direct, and targeted innovation instruments. The findings presented in this article provide a more nuanced understanding of the innovation policy landscape and the preferences of technology scale-up firms

Keywords: scale-up firms; policy mixes; policy preferences; innovation policy; entreprenuership (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (1)

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