Technology Entrepreneurship

This chapter examines the growth of technology entrepreneurship in China. Compared to other professions such as public service or academia, entrepreneurship was not regarded highly in Chinese culture and was banned in the Mao era as ‘walking on the road of capitalism’. It has now become a key element of China’s innovation machine, and being an entrepreneur is an attractive career. The reforms in China’s capital market, including venture capital investment, together with policy support under the banner of mass entrepreneurship and innovation, such as access to science and research, incubators and accelerators, and entrepreneurship education, are described. The case of the emerging biotechnology/biopharmaceutical industry is used to illustrate the importance of combining technology, talent, capital, and policy in technology entrepreneurship. Selected large and rapidly growing unicorns are profiled, illustrating how entrepreneurial firms aiming to develop future technologies emerge and grow.

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The evolution of public policy attitudes: comparing the mechanisms of policy support across the stages of a policy cycle

Journal of Public Policy ◽

10.1017/s0143814x19000023 ◽

2019 ◽

Vol 40 (3) ◽

pp. 428-448

Author(s):

Sverker C. Jagers ◽

Simon Matti ◽

Katarina Nordblom

Keyword(s):

Public Policy ◽

Policy Support ◽

Policy Cycle ◽

Governance System ◽

The Road ◽

Political Processes ◽

Policy Attitudes ◽

One Step ◽

On The Road ◽

Political Decisionmaking

AbstractWe analyse the importance of legitimacy on public policy support by comparing how drivers of public policy attitudes evolve across the policy process consisting of the input (the processes forgoing acquisition of power and the procedures permeating political decisionmaking), throughput (the inclusion of and interactions between actors in a governance system) and output (the substantive consequences of those decisions) stages. Using unique panel data through three phases of the implementation of a congestion tax in the Swedish city of Gothenburg, we find that legitimacy is indeed important in explaining policy support. Moreover, we find a lingering effect where support in one phase depends on legitimacy both in the present and in previous phases. Hence, our study takes us one step further on the road to understand the complicated dynamic mechanisms behind the interactions between policymaking, policy support, and the legitimacy and approval of politicians and political processes.

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