How to Make an Entrepreneurial State: Why Innovation Needs Bureaucracy

The book "Innovating Public Institutions: How Governments Pursue Technology and Innovation" has won the 2023 Academy of Management George R. Terry Book Award. The book explores how public bodies pursue innovation, looking at how new policies are designed and implemented. It argues for the importance of "agile stability" to successfully innovate, and that governments need both long-term policy and dynamic capabilities to handle crises.

Format: Hardback
Length: 288 pages
Publication date: 13 September 2022
Publisher: Yale University Press

A groundbreaking work that demonstrates how the public sector must adapt while also persevering to advance technology and innovation, the 2023 George R. Terry Book Award has been awarded to it. Governments all around the world are experimenting with cutting-edge technologies like self-driving cars and smart grids in an effort to drastically alter the way we live. The authors of this important book, Rainer Kattel, Wolfgang Drechsler, and Erkki Karo, examine how public bodies pursue innovation by looking at how new policies are created and put into practice. They demonstrate how various institutions finance new technologies and share cutting-edge information by spanning Europe, the USA, and Asia. They contend that "agile stability" is essential for effective innovation, highlighting the need for state organizations to be flexible and nimble like start-ups while simultaneously maintaining stability. In particular, in the context of the Covid-19 pandemic, governments require both long-term policy and dynamic capabilities to respond to crises. This essential account delves into the complex and frequently conflicting positions of innovating public bodies and demonstrates how they can overcome financial and political resistance to change for the benefit of all.

Weight: 454g
Dimension: 146 x 223 x 30 (mm)
ISBN-13: 9780300227277