Among contemporary economists, Mariana Mazzucato stands out for her emphasis on the importance of innovation to solve … pressing challenges and achieve a greater quality of life. However, the type of mission-oriented innovation policies she … promotes usually rely on an overly mechanical view of innovation and economic growth. We employ an ecosystem perspective to …

markets, and (vi) human capital for entrepreneurship. The reforms would likely strengthen Europe's innovation capacity at a …

. The results show that the literature leans towards Schumpeter (1942); innovation returns are modeled as following an ex … ante known probability distribution. By assuming that the outcomes of innovation activities are (probabilistically …

prerequisite for innovation and entrepreneurship. This is done by putting the spotlight on the role that formal and informal … institutions often act as impediments to entrepreneurship and innovation. We argue that a common yet underappreciated source of …

cost-efficient, long-term improvements, we identify the school system’s capacity for knowledge-enhancing innovation as … considering evidence from regular markets that competition and the presence of for-profit actors should spur innovation. Our … analysis suggests that these factors are necessary but not sufficient conditions for innovation, tracing the obstacles to …

Many countries have implemented quasi-markets to enhance entrepreneurship and innovation in welfare service provision … extensive use of quasi-markets. Based on the Swedish experience, we contend that quasi-markets can unlock their innovation … innovation in quasi-market contexts. Such markets demand a set of supporting institutions of an epistemic nature. These …