Boulevard of broken dreams Why public efforts to boost entrepreneurship and venture capital have failed and what to do about it.

Silicon Valley, Singapore, Tel Aviv--the global hubs of entrepreneurial activity--all bear the marks of government investment. Yet, for every public intervention that spurs entrepreneurial activity, there are many failed efforts that waste untold billions in taxpayer dollars. When has governmental s...

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Bibliographic Details
Main Author Lerner, Josh
Format eBook
LanguageEnglish
Published Princeton Princeton University Press 2009
Edition1
SeriesThe Kauffman Foundation Series on Innovation and Entrepreneurship
Subjects
Business
BUSINESS & ECONOMICS
Economic Policy
Entrepreneurship
Government policy
Industrial policy
POLITICAL SCIENCE
Public Policy
Venture capital
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Summary:Silicon Valley, Singapore, Tel Aviv--the global hubs of entrepreneurial activity--all bear the marks of government investment. Yet, for every public intervention that spurs entrepreneurial activity, there are many failed efforts that waste untold billions in taxpayer dollars. When has governmental sponsorship succeeded in boosting growth, and when has it fallen terribly short? Should the government be involved in such undertakings at all? Boulevard of Broken Dreams is the first extensive look at the ways governments have supported entrepreneurs and venture capitalists across decades and continents. Josh Lerner, one of the foremost experts in the field, provides valuable insights into why some public initiatives work while others are hobbled by pitfalls, and he offers suggestions for how public ventures should be implemented in the future.
ISBN:9780691142197
0691154538
9780691154534
069114219X
DOI:10.1515/9781400831630