Enterprise policies and R and D support for high-tech SMEs

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As Dr Park and myself argue, these findings suggest first, that there was a mismatch in the conceptualizations of entrepreneurship, with policymakers and policy-practitioners (those implementing policies locally) focusing on thinking about entrepreneurship as the event of starting-up a business and entrepreneurs focus more on innovation. Second, while all groups feel the policy was beneficial, policymakers and policy-practitioners argue it is necessary to have a strict implementation process so-as-to deliver the subsidy fairly across many SMEs. In contrast, entrepreneurs consider such stringent and complicated policy implementation, and policy discontinuities, as impeding the R&D performance of SMEs. Third, although perspectives varied, all believed that flexibility in the policy implementation process is required to improve policy efficacy.

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