Boulevard of Broken Dreams:
Why Public Efforts to Boost Entrepreneurship and Venture Capital Have Failed--and What to Do About It
Josh Lerner

Book Description | Table of Contents
Chapter 1 [in PDF format]

ADDITIONAL ENDORSEMENTS:

"Innovation and entrepreneurship are incredibly important engines for economic growth. As governments around the world try to restart this engine in the wake of the global crisis, they will find this book to be an ideal guide."--Ken Wilcox, CEO of Silicon Valley Bank

"Such a cogent, well-reasoned explanation of the role of government policy--for good and ill--is long overdue. I hope that all audiences, whether policymakers, entrepreneurs, educators, or voters, will read and heed its advice."--Richard Kramlich, cofounder and general partner of New Enterprise Associates

"In this valuable and well-thought-out book, Lerner supports his astute observations with a wealth of clear models drawn from throughout the world. He provides striking examples in which governmental efforts to encourage entrepreneurial activity have been effective, along with other instances in which such efforts have fallen on their face and incurred high costs to society."--William J. Baumol, author of The Free-Market Innovation Machine

"This important and timely book will impact the ways policymakers think about venture capital and how to support it more effectively. The book is deeply rooted in economic research, leaves ideology behind, and focuses on facts. It explains complex economic analysis in simple terms and provides many useful examples to illustrate fundamental issues."--Thomas F. Hellmann, University of British Columbia

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File created: 11/19/2009

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