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CAIRO BOOKS's Description
Government acts as entrepreneur when its involvement in market activities is
both innovative and characterized by entrepreneurial risk. Thinking of
government as entrepreneur is a unique lens through which the authors of this
book examine a specific subset of U.S. government policy actions. As such,
their viewpoint underscores the purposeful intent of government, its ability to
act in new and innovative ways, and its willingness to undertake policy actions
that have uncertain outcomes.
Viewing particular policy actions through an entrepreneurial lens is useful in
two broad dimensions. First, it underscores the forward looking nature of
policy makers as well as the need to evaluate the social outputs and outcomes
of their behavior in terms of broad spillover impacts. Second, government
acting as entrepreneur parallels in concept similar activities that occur in
the private sector.
Government as Entrepreneur is the first broad effort to emphasize the
entrepreneurial aspects of governments. It is also the first systematic
treatment of U.S. innovation policies to promote the formation of strategic
research partnerships. It will foster a new perspective on the role of
government and how incentives for government to act entrepreneurially might be
institutionalized; it will serve as a vehicle for policy makers and scholars to
think about the entrepreneurial actors in an economy, in a new way.