TheAIRnews.august.2012

7/31/2019 TheAIRnews.august.2012

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Professor Tea Petrin is a director and researcher of theAIRnet. She is professor and

chair of the Entrepreneurship Department at the Faculty of Economics, and a member ofthe Senate at the University of Ljubljana in Slovenia. Dr. Petrin has been a visiting andFulbright professor at various research universities in the US. Her academic researchhas provided the foundation for studies on small business and entrepreneurship as wellas on proactive industrial policy in Slovenia and former Yugoslavia. In various roles,

Dr. Petrin has advised national and international public administrations and governmentssuch as UNDP/UNIDO, International Bank for Reconstruction and Development, and the European Commission /DG Enterprise. She worked as a professional in EUR FAO Rome (1994-97). (please turn to page 8)

Welcome to this second edition of theAIRnews. For me, the past few months have been

both busy and gratifying. A few highlights: On May 29-31, four of us Marie Carpenter,

Matt Hopkins, ner Tulum, and I participated in the annual conference of the IndustryStudies Association at the University of Pittsburgh where theAIRnet put on a session onImpatient capital in high-tech industries. Then, on June 6, I was in Paris, at Marie Car-penters soutenance pour lhabilitation pour diriger la recherche that is, the defenseof her second thesis which in France gives a faculty member the right to supervise PhDstudents. This event was of particular importance to theAIRnet not only because Marie isone of our founders and board members but also because, building as it did on her recentbook on France Telecom (La bataille des tlcoms. Vers uneFrancenumrique, Eco-

nomica, 2011), her HDR exemplifies the type of scholarly research for which theAIRnet stands. After some fur-ther work in Paris with Marie and Henrik Glimstedt on our comtech project, I was off to a conference on finan-

cial markets and corporate governance in London. While there I had dinner with Mariana Mazzucato, lucky to ac-tually catch her on her own home turf. I also took the opportunity to meet in person for the first time another Lon-don denizen, Alain Rizk, one of our most recent AIR associates. From London the next stop was Ljubljana, where Iteach a PhD course on the theory of innovative enterprise. There, as always, I had the pleasure of conversationswith Tea Petrin (featured in this issue of theAIRnews) and Patricia Kotnik, both professors of economics at theUniversity of Ljubljana. I returned to my home base in Cambridge MA at the end of June just in time for the annu-al conference of the Society for the Advancement of Socio -Economics (SASE), whose current president is MariSako of Oxford University and an AIR associate. Mari had asked me to organize a special SASE session, Doesthe financial economy dominate the productive economy?, in which Robert Boyer, Ron Dore, and Michael Faustjoined me as contributors. Not one to sit still for too long, at the beginning of July I found myself in Brisbane, Aus-tralia at the biannual Schumpeter Conference, where I presented the latest Lazonick-Mazzucato version of TheRisk-Reward Nexus in the Innovation-Inequality Relationship, as well as Who Needs a Theory of Innovative

Enterprise?, which summarizes a book that I am writing for Oxford University Press. That was just a warm-up for

two weeks in Sydney, where Thomas Clarke and Roy Green had invited me to be a visitor at University of Tech-nology Sydney. I was kept busy (some of my activities there are listed later in the newsletter), and enjoyed everyminute of it. And last but certainly not least, back in the USA I spent a day in New York City where, with a won-derful view of Central Park, I had a stimulating conversation with George Soros and Rob Johnson. A grant fromtheir Institute for New Economic Thinking has been of utmost importance for the development of theAIRnet.

theAIRnet President

WILLIAM LAZONICK

Presidents Message

theAIRnewsI S S U E 2 , A U G U S T 2 0 1 2

theAIRnet is a 501(c)(3) tax exempt non-profit corporation, incorporated and registered in Massachusetts.

W W W . T H E A I R N E T . O R G

Meet AIR Associates

TEA PETRIN
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P A G E 2

Mary Adams organizes web-based meeting on Intangible Capital

On August 14, AIR associate Mary Adams is organizing a web-based meetingon How social media and new platforms are turning IC/KM into a distributedprocess. More information about the event can be found online at

www.icknowledgecenter.com.

theAIRnews

UPCOMINGEVENTS

Martyn Roetter is invited to broadband policy and mobile networks events

Marty Roetter will be speaking at a New America Foundation event, "Is it working?Evaluating and assessing broadband policy," to be held at the New America Foun-dation, Washington, DC, September 19-20, 2012. Roetter will present his work,Global Benchmarking 2012 Broadband Policies, Plans and Progress, at a by-invitation experts workshop. Roetter will also present his work on Quality of Ser-vice and Experience in Mobile Networks at the TECNOCIMIENTO Forum in Bo-gota, Colombia on August 23, 2012.

Mariana Mazzucato will be at the Future Industry Forum event in London

On September 20, 2012, Professor Mazzucato will give the presentation "The Stateas market-maker and shaper" at the Future Industry Forum event in London.

William Lazonick is the featured speaker at Hammer Forum at UCLA

William Lazonick will be speaking at Hammer Forum of UCLA on August 16,2012. Lazonick, along with the Silicon Valley philanthropist and venture capitalistAndy Rappoport, will focus on the topic, Capitalism in Crisis: Makers and Takers,moderated by journalist Ian Masters.

William Lazonick speaks at events in Argentina, S. Korea, France & New York

Invited speaker, The State and Industrial Development conference on CentralBanks & Financial Systems for Development, Central Bank of the Argentine Re-public, Buenos Aires, October 1-2, 2012

Invited speaker, Job-Creating Growth Panel, and For the Better WorkplacePanel, World Knowledge Forum, Seoul, South Korea, October 9, 2012

Keynote speaker, The Governance of Innovative Enterprise, Conference on theGovernance of a Complex World, University of Nice-Sophia Antipolis, November1-3, 2012

Organizer, Conference on Finance, Business Models, and Sustainable Prosperity,Ford Foundation Headquarters, New York City, December 6-7, 2012.
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4/9

P A G E 4

theAIRnews

RECENTEVENTS

Patricia Kotnik participated in various meetings in Europe

AIR associate Patricia Kotnik has presented the results of her study on, ICT useand exports: preliminary examination, at the 11th Comparative Analysis of Enter-prise Data Conference, on April 26-28, 2012 in Nuremberg, Germany.

On July 3-4, Kotnik participated the ESSLimit Network analytical and projectsteering group meeting, held at the Tinbergen Institute in Amsterdam, Netherlands.Kotnik presented the preliminary cross-country results on the impact of ICT use oninternationalization of firms at this event.

In July 2012, Patricia Kotnik attended the Working Group Meeting of Cluster-COOP project in Torino, Italy. At the meeting, Kotnik presented the methodologyher team has set up at the University of Ljubljana that will be used by the projectpartners to identify emerging industries in their countries, using quantitative andqualitative data.

Chris Mackin participated the IAFEP Conference/Beyster Fellows Symposium

On July 13, Chris Mackin participated in the International Association for the Eco-nomics of Participation Conference, in association with the Beyster Fellows Sym-posium, hosted by the School of Management and Labor Relations (SMLR) at Rut-gers University.

Mari Sako gives the Presidential Address at SASE

The 24th annual meeting of the Society for the Advancement of Socio-Economics(SASE) took place at MIT on June, 28-30, 2012. SASEs President Mari Sako, an

AIR associate, gave her presidential speech Professionals between Market andHierarchy in Comparative Political Economy, which will appear in Socio-Economic Review January 2013.

Dan Breznitz was panelist at the CONNECT Innovation Institute event

AIR associate Dan Breznitz attended the CONNECT Innovation Institute event onReviving U.S. Prosperity Americas Two Systems of Innovation and What itMeans for San Diego, in San Diego, California. Breznitz and the other panelists

shared the key findings and recommendations of the study, Americas Two Sys-tems of Innovation: Recommendations for Policy Changes to Support Innovation,Production and Job Creation, on May 29, 2012.
http://fdz.iab.de/347/view.aspxhttp://fdz.iab.de/347/view.aspxhttp://fdz.iab.de/347/view.aspxhttp://www.connect.org/email/innovation-institute/052912.htmlhttp://www.connect.org/email/innovation-institute/052912.htmlhttp://www.connect.org/email/innovation-institute/052912.htmlhttp://www.connect.org/programs/innovation-institute/docs/breznitz-cowhey-exec-summary-white-paper-0212.pdfhttp://www.connect.org/programs/innovation-institute/docs/breznitz-cowhey-exec-summary-white-paper-0212.pdfhttp://www.connect.org/programs/innovation-institute/docs/breznitz-cowhey-exec-summary-white-paper-0212.pdfhttp://www.connect.org/programs/innovation-institute/docs/breznitz-cowhey-exec-summary-white-paper-0212.pdfhttp://www.connect.org/programs/innovation-institute/docs/breznitz-cowhey-exec-summary-white-paper-0212.pdfhttp://www.connect.org/programs/innovation-institute/docs/breznitz-cowhey-exec-summary-white-paper-0212.pdfhttp://www.connect.org/programs/innovation-institute/docs/breznitz-cowhey-exec-summary-white-paper-0212.pdfhttp://www.connect.org/email/innovation-institute/052912.htmlhttp://www.connect.org/email/innovation-institute/052912.htmlhttp://fdz.iab.de/347/view.aspxhttp://fdz.iab.de/347/view.aspx


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P A G E 5

theAIRnews

RECENTEVENTS Mariana Mazzucato gave speeches in Italy and UK

Panel member, East Forum 2012, The Challenges of Economic Growth-New Ap-proaches to Industrial Policy, July 12, 2012, Rome, Italy

Invited speaker, After Austerity: where next for the UK economy?, June 26, 2012,London, United Kingdom

Invited panel member, The European Movement and the Konrad Adenauer StiftungEU Summit Briefing, June 25, 2012, London, United Kingdom

Panel member, Science Question Time - Growth, 18 June 2012, London, UnitedKingdom, Institute of Physics in London. 8 June 2012, London, United Kingdom

Panel member, Green innovation: How can the UK do better?, May 23, 2012,

which is part of the series "The catalyst debates" hosted by the Green Alliance.

Guest Speaker, How the left can get Europe growing again, hosted by Policy Net-work, May 16, 2012, Westminster, London, United Kingdom

On July 11, Tea Petrin attended the European Entrepreneurship Colloquium to pre-sent the research results of the Spin-off Phenomenon Project (the project consorti-um includes institutions such as University of Cambridge, KU Leuven, ETH Zur-

ich, TUM Munich). The colloquium was hosted by The University of CambridgeJudge Business School, July 8 to 14, 2012.

Tea Petrin attended the Academic Advisory Board meeting of EFER (European

Forum for Entrepreneurship Research) in conjunction with the EntrepreneurshipColloquium to discuss future EFER conferences on July 12, 2012.

On July 24, Petrin attended the workshop in Vienna organized by United NationsIndustrial Development Organization (UNIDO) for high level government offi-cials,in as the invited presenter of Slovenian Industrial Policy designed and imple-mented during her term as Minister for Economy between 1999 and 2004.

Tea Petrin attended various meetings and workshops on entrepreneurship

Featured speaker, Impatient Capital in High-Tech Industries, Tlcom Ecole deManagement, Paris, June 12, 2012

Featured speaker, How We Became the 99 Percent, and What We can Do AboutIt, CEPN and CEPREMAP, Paris, June 12, 2012

Invited speaker, The Financialization of the US Corporation, The Future of Fi-nancial / Securities Markets, Seattle University School of Law, London, June 15,

2012

William Lazonick was invited speaker at various events in London and Paris
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P A G E 6

theAIRnews

Chris Mackin was interviewed by The Straddlerfor the Summer 2012 Issue ofthe magazine. In this opinion piece Occupy by Analogy: Christopher Mackin in

conversation with The Straddler, Mackin sets the stage for his take on Demo-cratic Capitalism by analyzing the symbiotic relationship between employees and

employers and by drawing attention to the fracture between employment andownership structures of business organizations. He later participated in theWZBC radio show "Sounds Of Dissent" on July 7. The show host Amy Gruder

interviewed Mackin and Brendan Martin on Republic Windows & the Case forWorker Ownership.

Chris Mackin interviewed by WZBC and The Straddler Magazine

Mariana Mazzucato appears on BBC, SKY News and Bloomberg TV

Mariana Mazzucato appeared on Bloomberg TV, BBC Newsnight and SKY

News to discuss about the global economic crisis, the state of Europeaneconomies, and policy prescriptions for rapid economic recovery and sustainable

growth. Reviews and videos of Mazzucatos TV appearances can be found

online at www.marianamazzucato.com

On July 10, William Lazonick gave an interview on Australian Broadcasting Cor-poration(ABC), the leading nationwide television network. Lazonick discussedthe adverse effects of stock buybacks on corporate innovation and competitive-ness.

William Lazonick appeared on Australian television

On May 15, Fred Block reviewed Paul Krugmans latest book End This Depres-sion Now! in Dissent Magazine. In his review End This Depression, ButHow?, Block argues that Krugman successfully defines policy prescriptions forfinding way of out the current depression but fails to accurately identify the rea-sons caused this crises at the first place.

Fred Block reviewed Krugmans latest book in Dissent Magazine

U-T San Diego article by Barbara Bry and Neil Senturia featured the CONNECTInnovation Institute report, Innovation, Production and Sustainable Job Creation:Reviving U.S. Prosperity, authored by AIR associate Dan Breznitz and PeterCowhey. The article, Creative strategies can boost manufacturing, discusses thefindings and recommendations of the research study on American manufacturing.

U-T San Diego featured Dan Breznitz and Peter Cowhey report
http://www.thestraddler.com/20129/piece4.phphttp://www.thestraddler.com/20129/piece4.phphttp://www.thestraddler.com/20129/piece4.phphttp://www.thestraddler.com/20129/piece4.phphttp://www.radio4all.net/index.php/program/61293http://www.radio4all.net/index.php/program/61293http://www.radio4all.net/index.php/program/61293http://www.abc.net.au/news/2012-07-10/share-buybacks-leading-to-lack-in-strategic-vision/4122650http://www.abc.net.au/news/2012-07-10/share-buybacks-leading-to-lack-in-strategic-vision/4122650http://www.abc.net.au/news/2012-07-10/share-buybacks-leading-to-lack-in-strategic-vision/4122650http://dissentmagazine.org/online.php?id=604http://dissentmagazine.org/online.php?id=604http://dissentmagazine.org/online.php?id=604http://www.connect.org/programs/innovation-institute/docs/breznitz-cowhey-exec-summary-white-paper-0212.pdfhttp://www.connect.org/programs/innovation-institute/docs/breznitz-cowhey-exec-summary-white-paper-0212.pdfhttp://www.connect.org/programs/innovation-institute/docs/breznitz-cowhey-exec-summary-white-paper-0212.pdfhttp://www.utsandiego.com/news/2012/jun/12/creative-strategies-can-boost-manufacturing/?page=1#articlehttp://www.utsandiego.com/news/2012/jun/12/creative-strategies-can-boost-manufacturing/?page=1#articlehttp://www.utsandiego.com/news/2012/jun/12/creative-strategies-can-boost-manufacturing/?page=1#articlehttp://www.connect.org/programs/innovation-institute/docs/breznitz-cowhey-exec-summary-white-paper-0212.pdfhttp://www.connect.org/programs/innovation-institute/docs/breznitz-cowhey-exec-summary-white-paper-0212.pdfhttp://dissentmagazine.org/online.php?id=604http://dissentmagazine.org/online.php?id=604http://www.abc.net.au/news/2012-07-10/share-buybacks-leading-to-lack-in-strategic-vision/4122650http://www.abc.net.au/news/2012-07-10/share-buybacks-leading-to-lack-in-strategic-vision/4122650http://www.radio4all.net/index.php/program/61293http://www.radio4all.net/index.php/program/61293http://www.thestraddler.com/20129/piece4.phphttp://www.thestraddler.com/20129/piece4.php


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P A G E 7

theAIRnews

News fromAIR associates

AIR associates Dan Breznitz and Michael Murphys book, Run of the Red Queen:Government, Innovation, Globalization, and Economic Growth in China, has

been recently awarded the 2012 British International Studies Association (BISA)Susan Strange Prize. The prize recognizes an outstanding book within the interna-

tional relations field among BISA members. http://www.theairnet.org/V2/home/news.php

Breznitz and Murphee awarded with BISA Susan Strange Book Award

Tea Petrin has recently been appointed as a member of the Committee for Devel-opment Policy, Economic and Social Council by the Secretary General of the Unit-ed Nations (Jan. 1, 2013-Dec. 31, 2015). Petrin will also be serving as a member ofthe European Commission's new High Level Group on the Modernization of High-

er Education (Sept. 2012-

Dec. 31, 2012).

Tea Petrin assumes new roles in intergovernmental organization

theAIRnet welcomes the new associates

We are pleased to welcome Fred Block, Roy Green, Ron Hira, Masahiro Kotosaka,

Jamee Moudud, Alain Rizk, and Yifei Sun as AIR associates. Their bios can be

found at http://www.theairnet.org/V2/people.php

Kenji Kushida has been named a participant for the second cohort of the MansfieldFoundationUS-Japan Network for the Future. The program is intended to build andenhance a network of Japan specialists that can bring diverse expertise and perspec-tives to the bilateral policy-making process in the mid- and long-term.

Mansfield Foundation US-Japan Network for the Future selects Kenji Kushida

Dan Breznitz testifies to the US-China Economic/Security Review Commission

On May 10, Dan Breznitz testified before the Senate U.S.- China Economic andSecurity Review Commission. In his testimony, Breznitz presented his views onchanges in US-China economic relations and provided insight into rising Chinesecompetition and the nations innovative capabilities.
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P A G E 8

theAIRnews

Fred Block and Matthew R. Keller. The Vital Role of Government in U.S. Economic Innovation. ScholarsStrategy Network Policy Briefs, Economic Growth & Innovation, April 2012

Kenji E. Kushida.Entrepreneurship in Japan's ICT Sector: Opportunities and Protection from Japan's

Telecommunications Regulatory Regime Shift. Social Science Japan Journal 15, no. 1 (2012): 3-30.

Kenji E. Kushida, Jonathan Murray, John Zysman. The Gathering Storm: Analyzing the Cloud Computing

Ecosystem and Implications for Public Policy. Communications and Strategies, no. 85 (2012): 63-85.

Alan Pearce, Martyn Roetter, Barry Goodstadt. Has Google Gone Silent in Defending the Open Internet

Ecosystem? Bureau of National Affairs (BNA) Insight, May, 2012.

Mari Sako. Technology Strategy and Management-

Business Models for Strategy and Innovation.

Communications of the ACM 55, no. 7 (2012): 22-24.

Xiao Jian and William Milberg. Vertical Specialization and Industrial Upgrading; A Preliminary Note.

Capturing the Gains Working Paper 10, April 2012

Kenji E. Kushida.Japans Fukushima Nuclear Disaster: Narrative, Analysis, and Recommendations.

Shorenstein APARC Working Papers, June 2012

William Lazonick. Who Needs a Theory of Innovative Enterprise?,paper presented at the conference of the

International Schumpeter Society, University of Queensland, July 2-5, 2012.

William Lazonick.Financialization of the US Corporation: What We Have Lost, and How It Can be

Regained.Paper presented at the conference on The Future of Financial/Securities Markets, Seattle

University School of Law, held at the University of London, UK, June 15, 2012.

William Lazonick, Yin Li. Chinas Path to Indigenous Innovation. Paper presented at the annual

conference of the Society for the Advancement of Socio-Economics, MIT, June 28, 2012.

Chris Mackin.Political Metaphors and Workplace Governance. International Association for theEconomics of Participation, Rutgers University, July 13, 2012.

Mariana Mazzucato.Rebalancing What? Reforming Finance for Creative Destruction Not Destructive

Creation.Policy Network Paper, June 24, 2012

RECENTPUBLICATIONS

WORKING PAPERS, PRESENTATIONS& PROCEEDINGS
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She has been Slovenias representatives on the European Small Business Council,a member of the International Small Business Council, the European Associationfor Industrial Economics Research, and a member of the editorial board of Reviewof Industrial Organization. Dr. Petrin is the former Minister for Economic Affairs(and later Minister of Economy) within the Slovenian Government (1999-2004).

During her term, she introduced new policies for Industrial Competitiveness andEntrepreneurship. She was also Ambassador of the Republic of Slovenia to the Netherlands (2004 -08). She isthe Vice-President of the Board of Advisors of The Competitiveness Institute and a member of the AcademicAdvisory Board of the European Forum of Entrepreneurship Research. She chaired the European Cluster Poli-cy Group, European Commission/DG Enterprise and Industry (2009-2010), and is a member of the SynergiesExpert Group, European Commission/DG Research (2010-2011). Dr. Petrin has been appointed by the Secre-tary General of the United Nations as a member of the Committee for Development Policy, Economic andSocial Council (Jan. 1, 2013-Dec. 31, 2015). Recently, Dr. Petrin received the Golden Placate Award from theUniversity of Ljubljana for her achievements in education and for contributing to the universitys reputation.

M E E T O U R M E M B E R S TEA PETRIN

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