Conceptualizing evolutionary governance routines: governance at the interface of science and technology with knowledge-intensive innovative entrepreneurship

Abstract

The two main purposes of this article are: 1) To propose a conceptual model for governance at the interface of science and technology with knowledge-intensive innovative entrepreneurship and 2) To develop propositions and propose a future research agenda on evolutionary governance routines. Our proposed conceptualization of governance depends upon an understanding of how different ways of developing rules and norms to interact and make decisions collectively are created and maintained, including two sub-processes. One process is to develop advanced knowledge and the second process is where entrepreneurs transform that knowledge developed as the public good and privatize it through value creation. We propose that a main task for this type of entrepreneur is to manage their engagement in the overall governance in such a way as to be perceived by others as continuing to contribute to the collective action problem. The article provides definitions and propositions in relation to the conceptualization, as well as interesting trajectories for future research.