Government Problems when Promoting High-tech Entrepreneurship

INNOVATION & The Pitfalls of Promoting Entrepreneurship – A new book examines the challenges — and potential benefits — of government programs designed to foster entrepreneurship

Lots of governments would like to promote high-tech entrepreneurship and venture capital in their regions — but many don’t know how to do it effectively.

In his new book Boulevard of Broken Dreams: Why Public Efforts to Boost Entrepreneurship and Venture Capital Have Failed — and What to Do About It (Princeton University Press, 2009) Josh Lerner, the Jacob H. Schiff Professor of Investment Banking at Harvard Business School, examines which types of policies to promote entrepreneurship and venture capital tend to work — and which don’t

Lerner supports his carefully researched analysis with numerous examples chosen from around the globe

Read a MIT Sloane Management Review By Martha E. Mangelsdorf