Craig Berry
Entrepreneurial egalitarianism: How inequality and insecurity stifle innovation
Berry, Craig; O’Donovan, Nick
Abstract
Despite recent advances in our understanding of how innovation happens – for example, recognising the role of the state in fuelling private sector innovation, and of user demand in enabling the generation and dissemination of innovation – the assumption that inequality somehow enables innovation remains widespread. This paper builds upon empirical evidence that more equal societies tend to be more innovative by exploring how inequality and insecurity can inhibit innovative activity at the individual level, both directly and indirectly, by diminishing the resources and capabilities which enable innovation, and disincentivising risktaking and entrepreneurialism. The paper also outlines an ‘entrepreneurial egalitarianism’ policy agenda, exploring how social and economic policies based on egalitarian values can support innovation, focusing in particular on a contributory social security system with income guarantees that supports entrepreneurial risk-taking, an expansive conception of universal basic services, a widening of access to capital, and the potential for institutions such as trade unions to facilitate innovation.
Citation
Berry, C., & O’Donovan, N. (2022). Entrepreneurial egalitarianism: How inequality and insecurity stifle innovation. TBC
Report Type | Policy Document |
---|---|
Publication Date | 2022 |
Deposit Date | Feb 29, 2024 |
Publisher URL | https://www.ucl.ac.uk/bartlett/public-purpose/publications/2023/apr/entrepreneurial-egalitarianism-how-inequality-and-insecurity-stifle-innovation |
You might also like
Pursuing the Knowledge Economy
(2022)
Book
From Knowledge Economy to Automation Anxiety: A Growth Regime in Crisis?
(2019)
Journal Article
Political visions (and where to find them)
(2022)
Journal Article
Causes and Consequences: Responsibility in the Political Thought of Max Weber
(2011)
Journal Article
Downloadable Citations
About Keele Repository
Administrator e-mail: research.openaccess@keele.ac.uk
This application uses the following open-source libraries:
SheetJS Community Edition
Apache License Version 2.0 (http://www.apache.org/licenses/)
PDF.js
Apache License Version 2.0 (http://www.apache.org/licenses/)
Font Awesome
SIL OFL 1.1 (http://scripts.sil.org/OFL)
MIT License (http://opensource.org/licenses/mit-license.html)
CC BY 3.0 ( http://creativecommons.org/licenses/by/3.0/)
Powered by Worktribe © 2024
Advanced Search