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

Jeff Muldoon and Derek K. Yonai

Journal of the International Council for Small Business, 2023, vol. 4, issue 4, 351-361

Abstract: We offer a critique of Mazzucato’s idea of the “Entrepreneurial State.” In doing so, we extend the criticisms developed by the authors of Questioning the Entrepreneurial State by using the insights derived from Public Choice economics. Specifically, we argue the following: (a) the entrepreneurial state is a rhetorical device and does not reflect actual government actions, (b) goals help create common purpose but are insufficient by themselves, and (c) rent-seeking will occur. Finally, we discuss the role that the state should play in entrepreneurial activities.

Date: 2023
References: Add references at CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
http://hdl.handle.net/10.1080/26437015.2023.2182730 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:ucsbxx:v:4:y:2023:i:4:p:351-361

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/ucsb20

DOI: 10.1080/26437015.2023.2182730

Access Statistics for this article

Journal of the International Council for Small Business is currently edited by Eric Liguori

More articles in Journal of the International Council for Small Business from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().