Government's Role in Early Stage Growth Companies
An Austrian Perspective to the Finnish Innovation System
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The book focuses on the fundamental question whether governmental actions can increase social utility inthe early stage growth company sector. Previous research has shownthat the current Finnish high tech private sector is heavilyoccupied by government agencies and intervention but the actualresults are very poor and even counterproductive. In the recentscientific research it is often assumed that governmental intervention isnecessary and beneficial to the society.The book uses Austrian economics and morespecifically the Misesian approach, praxeology, as its methodologythat is based on the log...
The book focuses on the fundamental question whether
governmental actions can increase social utility in
the early stage
growth company sector. Previous research has shown
that the
current Finnish high tech private sector is heavily
occupied by
government agencies and intervention but the actual
results are very
poor and even counterproductive. In the recent
scientific research it
is often assumed that governmental intervention is
necessary and
beneficial to the society.
The book uses Austrian economics and more
specifically the
Misesian approach, praxeology, as its methodology
that is based on
the logical process of deduction from the
self-evident axiom of
human action. The conclusions from the deductive
process are
absolutely true and cannot be tested nor verified by
empirical
evidence there are no constant variables in human
sciences.
The book is able to explain the current state and
condition of the
high tech growth company sector and its ecosystem.
The analysis is
an eye-opener for any market participant who is
involved with
current innovation systems today, no matter whether
you are an
academic, entrepreneur, financier or government official.
governmental actions can increase social utility in
the early stage
growth company sector. Previous research has shown
that the
current Finnish high tech private sector is heavily
occupied by
government agencies and intervention but the actual
results are very
poor and even counterproductive. In the recent
scientific research it
is often assumed that governmental intervention is
necessary and
beneficial to the society.
The book uses Austrian economics and more
specifically the
Misesian approach, praxeology, as its methodology
that is based on
the logical process of deduction from the
self-evident axiom of
human action. The conclusions from the deductive
process are
absolutely true and cannot be tested nor verified by
empirical
evidence there are no constant variables in human
sciences.
The book is able to explain the current state and
condition of the
high tech growth company sector and its ecosystem.
The analysis is
an eye-opener for any market participant who is
involved with
current innovation systems today, no matter whether
you are an
academic, entrepreneur, financier or government official.
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