ABSTRACT
The idiosyncrasies of firm technology and competencies also create significant intra-industry variety. Given the multidimensionality and context dependence of knowledgeintensive entrepreneurship, then, various policy instruments can be used either singularly or jointly, from R&D support to seed capital or venture capital, to training and human resource formation, to regulation and standardization (Figure 14.2). Moreover, combinations of central policy actors (ministries) and decentralized policy actors (regions, municipalities, local government) must be used extensively.
