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The term “state entrepreneur” is exactly the same as other oxymorons such as “military intelligence” or “honest politician”.
Still, in Express Business on January 11, economist Mary K King argued that “strengthening the state’s role as an entrepreneur puts the government in charge of the nation’s innovation system along the triple spiral.” increase.
The problem with King’s concept is that there is no such thing as a national entrepreneur. There are only bureaucrats, civil servants and politicians. If any of these people were entrepreneurs, they wouldn’t be working for the state. Is it?
This is not to say that governments cannot play a role in promoting entrepreneurship. But it’s mostly a matter of getting out of the way of private companies. Therefore, the main roles of government entrepreneurs are:
• Protect private property.
• Punish fraud.
• Lower barriers to entry into all economic activities.
• Reduce red tape.When
• Shut down state-owned enterprises to avoid crowding out the private sector.
It is worth noting that all political administrations have failed on all these fronts, especially since the 1970s.
Elton Singh
kuba
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