How governments matter to new industry creation

Jennifer W. Spencer, Thomas P. Murtha, Stefanie A Lenway

Research output: Contribution to journalArticlepeer-review

154 Scopus citations

Abstract

We articulate opportunities and challenges for governments and innovating firms operating within countries that display four types of national political institutional structures. We argue that corporatist and associational institutional structures influence governments' capabilities to support diffusion- and mission-oriented technology policies and firms' tendencies to engage in bricolage or breakthrough approaches to technological entrepreneurship. We then show how the relative strength of state institutions can amplify or compromise governments' policies and firms' innovation strategies.

Original languageEnglish (US)
Pages (from-to)321-337
Number of pages17
JournalAcademy of Management Review
Volume30
Issue number2
DOIs
StatePublished - Apr 2005

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