The Interaction between Technology, Progress and Economic Growth
Edited by Terrence E. Brown and Jan Ulijn
Chapter 1: Innovation, Entrepreneurship and Culture, A Matter of Interaction between Technology, Progress and Economic Growth? An Introduction
Jan Ulijn and Terrence E. Brown Not all technological innovations lead to start-ups, whereas an estimated 75 per cent of the new employment is created there. This is a global phenomenon. Why are there no more entrepreneurial successes? Are innovators just too technology driven, so that they forget about the market for their ideas? Failing to prepare for the market, is preparing to fail your business. Or are innovators predominantly hidden in research and development (R&D) laboratories of large multinational corporations (MNCs), so that the market perspective is too far away? With all of the activities surrounding technological spin-oﬀs geared to foster entrepreneurial spirit, why is it that so many technology companies fail to sustain this spirit? Could it be that a special or certain mindset is needed at the individual level for entrepreneurs and/or a certain organizational culture for entrepreneurial ﬁrms? If so, what elements make up that culture? Are you assisted by your national culture (NC) background, your previous corporate culture (CC) experience or your professional culture (PC) (c.f., once an engineer, always an engineer) or a combination of all these? Furthermore, are these issues related to high levels of innovation, the development of technology, (social) progress and economic growth, and, if so, how are they related? This book discusses these questions and more, and attempts to answer some of them: Une mer à boire indeed, but basically rests with the question, what culture is necessary to create new enterprises out of promising technological ideas and to...