Abstract

Developing economies need a strong knowledge sector to participate fully in the contemporary world economy. Yet many aspects of their public policies or culture can inhibit the knowledge-based enterprise. In a recent Canadian experiment, prototypical entrepreneurial ventures were used to identify legal, institutional, cultural, and policy barriers to the creation of high value-added, knowledge intensive enterprises. This approach appears to have wider value in assessing the ability of private companies, government laboratories, and similar institutions to create and nurture new ventures.

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