Why Entrepreneurs, Not Bureaucrats, Drive Innovation
Why Entrepreneurs, Not Bureaucrats, Drive Innovation
drawing on insights from the Austrian school of economics
Recent years have seen a renewed interest in what Mariana Mazzucato calls the “Entrepreneurial State,” the notion that breakthrough innovations come not from competition among profit-seeking entrepreneurs and companies but from government programs. This panel looks at the nature of innovation in an entrepreneurial market economy and the role of government planners, funders and regulators in promoting or hindering the technological progress that drives advances in societal well-being. Panelists will draw on insights from the “Austrian” school of economics, which emphasizes the role of entrepreneurs, markets and prices in driving economic improvement.
Panelists
Peter Klein
W. W. Caruth Chair and Professor of Entrepreneurship
Hankamer School of Business
Baylor University
Steven Phelan
Director of the Michael A. Leven School of Management, Entrepreneurship and Hospitality and Professor of Entrepreneurship
Coles College of Business
Kennesaw State University
Matt McCaffrey
Associate Professor
Masood Entrepreneurship Centre
The University of Manchester
Moderator:
John S. Howe
Professor of Finance and Missouri Bankers Chair
Robert J. Trulaske, Sr. College of Business
