154A. Brattström

Heyman, F., Norbäck, P.-J., Persson, L., & Andersson, F. (2019). Has the Swedish business sector become more entrepreneurial than the US business sector? Research Policy, 48(7), 1809–1822. Hunt, R. A., & Kiefer, K. (2017). The entrepreneurship industry: Influences of the goods and services marketed to entrepreneurs. Journal of Small Business Management, 55, 231–255. Hvide, H. K., & Møen, J. (2010). Lean and hungry or fat and content? Entrepreneurs' wealth and start-up performance. Management Science, 56(8), 1242–1258. Hwang, H., & Powell, W. W. (2005). Institutions and entrepreneurship. In S. A. Alvarez, R. Agarwal, & O. Sorenson (Eds.), Handbook of entrepreneurship research (pp. 201–232). International Handbook Series on Entrepreneurship). Springer. Kanze, D., Huang, L., Conley, M. A., & Higgins, E. T. (2018). We ask men to win and women not to lose: Closing the gender gap in startup funding. Academy of Management Journal, 61(2), 586–614. Karlson, N., Sandström, C., & Wennberg, K. (2021). Bureaucrats or Markets in Innovation Policy?–a critique of the entrepreneurial state. The Review of Austrian Economics, 34(1), 81–95. Kerr, S. P., Kerr, W. R., & Dalton, M. (2019). Risk attitudes and personality traits of entrepreneurs and venture team members. Proceedings of the National Academy of Sciences, 116(36), 17712–17716. Kim, P. H., Wennberg, K., & Croidieu, G. (2016). Untapped riches of meso-level applications in multilevel entrepreneurship mechanisms. The Academy of Management Perspectives, 30(3), 273–291. Levine, R., & Rubinstein, Y. (2017). Smart and illicit: Who becomes an entrepreneur and do they earn more? Quarterly Journal of Economics, 132(2), 963–1018. Malerba, F., & McKelvey, M. (2020). Knowledge-intensive innovative entrepreneurship integrating Schumpeter, evolutionary economics, and innovation systems. Small Business Economics, 54(2), 503–522. Marinoni, A., & Voorheis, J. (2019). Who gains from creative destruction?: Evidence from highquality entrepreneurship in the United States. U.S. Census Bureau, Center for Economic Studies. Miles, M. B., & Huberman, A. M. (1994). Qualitative Data Analysis (2nd ed.). Sage Publications. MINC (2021). www.minc.se, accessed September 21, 2021. MIT Orbit. (2021). Entrepreneurship Jargon Translator. Accessed Sep 21, 2021, from https://orbitkb.mit.edu/hc/en-us/articles/204891336-Entrepreneurship-Jargon-Translator Nightingale, P., & Coad, A. (2014). Muppets and gazelles: Political and methodological biases in entrepreneurship research. Industrial and Corporate Change, 23(1), 113–143. Powell, W. W., & DiMaggio, P. J. (2012). The new institutionalism in organizational analysis. University of Chicago Press. Rauch, A., & Frese, M. (2007). Let's put the person back into entrepreneurship research: A metaanalysis on the relationship between business owners' personality traits, business creation, and success. European Journal of Work and Organizational Psychology, 16(4), 353–385. RegionSkane. (2017). Vagen mot Europas mest innovativa region 2020. Sandström, C., Wennberg, K., Wallin, M. W., & Zherlygina, Y. (2018). Public policy for academic entrepreneurship initiatives: A review and critical discussion. The Journal of Technology Transfer, 43(5), 1232–1256. Schwartz, M. (2013). A control group study of incubators’ impact to promote firm survival. The Journal of Technology Transfer, 38(3), 302–331. Stinchcombe, A. L. (2000). Social structure and organizations. In A. C. Baum & F. Dobbin (Eds.), Economics meets sociology in strategic management (pp. 229–259). Emerald Group Publishing. Styhre, A. (2018). Venture work: Employees in thinly capitalized firms. Palgrave Macmillan.

155Cultural Ideals in the Entrepreneurship Industry

Sullivan, T. (2016). Blitzscaling. Harvard Business Review, 94(4), 44–50. Wiklund, J., & Shepherd, D. (2003). Aspiring for, and achieving growth: The moderating role of resources and opportunities. Journal of Management Studies, 40(8), 1919–1941. https://doi.org/ 10.1046/j.1467-6486.2003.00406.x Yu, W., Wiklund, J., & Pérez-Luño, A. (2021). ADHD symptoms, entrepreneurial orientation (EO), and firm performance. Entrepreneurship Theory and Practice, 45(1), 92–117. Zott, C., & Huy, Q. N. (2007). How entrepreneurs use symbolic management to acquire resources. Administrative Science Quarterly, 52(1), 70–105.

Open Access This chapter is licensed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made. The images or other third party material in this chapter are included in the chapter's Creative Commons license, unless indicated otherwise in a credit line to the material. If material is not included in the chapter's Creative Commons license and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder.

161Evaluating Evaluations of Innovation

Policy: Exploring Reliability, Methods,

and Conflicts of Interest

Elias Collin, Christian Sandström, and Karl Wennberg

Abstract Expansions of innovation policies have been paralleled with an increase in the evaluations of such policies. Yet, there are few systematic evaluations of how such evaluations are conducted, by whom, and their overall conclusions. We analyze 110 evaluations of innovation policy in Sweden from 2005 to 2019. Our findings show that the majority of these evaluations are positive, about one-third are neutral in their conclusions, and very few are negative. The majority of evaluations were conducted by consulting firms, close to one-third by expert government agencies, and around 10% by university researchers or as self-evaluations by the governmental agencies responsible for the policy themselves. Few evaluations employed causal methods to assess the potential effects of policies. We discuss conflicts of interest and question the reliability of evaluations of innovation policy.

Keywords Evaluation · Consultants · Evaluating practice · Meta-Evaluation · Sweden · Innovation policy

E. Collin (*) School of Economics and Management, Lund University, Lund, Sweden e-mail: elias.collin@fek.lu.se C. Sandström Jönköping International Business School, Jönköping, Sweden The Ratio Institute, Stockholm, Sweden e-mail: christian.sandstrom@ju.se K. Wennberg Stockholm School of Economics, Stockholm, Sweden e-mail: karl.wennberg@hhs.se

© The Author(s) 2022 157 K. Wennberg, C. Sandström (eds.), Questioning the Entrepreneurial State,