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Purpose

This paper aims to examine issues of government policy in creating an infrastructure that supports innovation and expertise.

Design/methodology/approach

The approach is to reflect on trends in global trade and the role played by governments in supporting such trade.

Findings

It is shown that Governments do indeed have a crucial role to play but they must tread a balanced line between support and over‐regulation.

Practical implications

The paper suggests approaches that governments might adopt to improve the support they offer to organisations which wish to be innovative and enterprising.

Originality/value

The paper is a useful summary of the role of government in promoting innovation and enterprise.

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