“How to Make an Entrepreneurial State: Why Innovation Needs Bureaucracy”, written by Professor Wolfgang Drechsler, Rainer Kattel, & Erkki Karo (Yale University Press London), has won the Academy of Management’s 2023 George R. Terry Book Award. The Terry Award goes to the book “judged to have made the most outstanding contribution to the global advancement of management knowledge during the last two years.”
In reviewing the book, the committee noted that it draws “from classic and contemporary organization theory, economic sociology, and political economy to move away from the prevailing narrative of the state as a passive facilitator of private sector innovation. Instead, the book proposes a new model of the ‘entrepreneurial state’ – a state that actively invests in and coordinates innovation and entrepreneurship through a variety of means, including direct investment, public procurement, policy, and strategic partnerships with private actors. Taken together, this view is a pathbreaking contribution to global management knowledge.”
The Academy of Management is the pre-eminent professional association for management and organization scholars. Founded in 1936, it has about 18,000 members in 120 countries. The award was conferred today during the AOM’s annual conference in Boston. https://lnkd.in/eMgpK_-A
UCL TalTech – Tallinn University of Technology Ragnar Nurkse Department of Innovation and Governance, TalTech UCL Institute for Innovation and Public Purpose
Courtesy: Professor Wolfgang’s LinkedIn page