How to Make an Entrepreneurial State: Why Innovation Needs Bureaucracy

Abstract

In their book “How to Make an Entrepreneurial State”, the academic nuclear family Kattel – Drechsler – Karo (Kattel was Drechsler’s first PhD student, and Karo was Kattel’s first PhD student, and all authors have roots in Estonia, a country that brands itself as a ‘start up nation’) elaborates the idea that for technological innovations to flourish, there is a need for innovation bureaucracies such as public research institutions, business incubators, and regulators. The book moves beyond the question how innovation policy should look like. Rather, it promises to address the question how governments develop capacities and skills to enable and promote innovation.