LEADER 05162nam 2200913Ia 450 001 9910958511103321 005 20240912171408.0 010 $a9786612935862 010 $a9786612473180 010 $a9781282935860 010 $a1282935860 010 $a9781400831630 010 $a1400831636 010 $a9781282473188 010 $a1282473182 010 $a9780691142197 010 $a069114219X 024 7 $a10.1515/9781400831630 035 $a(CKB)2550000000007558 035 $a(EBL)483563 035 $a(OCoLC)640419407 035 $a(SSID)ssj0000665434 035 $a(PQKBManifestationID)12236185 035 $a(PQKBTitleCode)TC0000665434 035 $a(PQKBWorkID)10634949 035 $a(PQKB)10829857 035 $a(SSID)ssj0000357311 035 $a(PQKBManifestationID)12150916 035 $a(PQKBTitleCode)TC0000357311 035 $a(PQKBWorkID)10353975 035 $a(PQKB)11183332 035 $a(MdBmJHUP)muse36601 035 $a(DE-B1597)446969 035 $a(OCoLC)979745245 035 $a(DE-B1597)9781400831630 035 $a(Au-PeEL)EBL483563 035 $a(CaPaEBR)ebr10359247 035 $a(CaONFJC)MIL293586 035 $a(Au-PeEL)EBL5121654 035 $a(CaONFJC)MIL247318 035 $a(OCoLC)741250500 035 $a(PPN)18795383X 035 $a(MiAaPQ)EBC483563 035 $a(FR-PaCSA)88833468 035 $a(FRCYB88833468)88833468 035 $a(EXLCZ)992550000000007558 100 $a20090625d2009 uy 0 101 0 $aeng 135 $aur|||||||nn|n 181 $ctxt 182 $cc 183 $acr 200 10$aBoulevard of broken dreams $ewhy public efforts to boost entrepreneurship and venture capital have failed and what to do about it /$fJosh Lerner 205 $aCourse Book 210 $aPrinceton $cPrinceton University Press$dc2009 215 $a1 online resource (240 p.) 225 1 $aThe Kauffman Foundation series on innovation and entrepreneurship 300 $aDescription based upon print version of record. 311 08$a9780691154534 311 08$a0691154538 320 $aIncludes bibliographical references and index. 327 $tFrontmatter --$tContents --$tPreface and Acknowledgments --$tChapter 1. Introduction --$tPart I. Can Bureaucrats Help Entrepreneurs? --$tChapter 2. A Look Backwards --$tChapter 3. Why Should Policymakers Care? --$tChapter 4. Things Get More Complicated --$tPart II. Threading the Needle --$tChapter 5. The Neglected Art of Setting the Table --$tChapter 6. How Governments Go Wrong: Bad Designs --$tChapter 7. How Governments Go Wrong: Bad Implementation --$tChapter 8. The Special Challenges of Sovereign Funds --$tChapter 9. Lessons And Pitfalls --$tNotes --$tIndex 330 $aSilicon Valley, Singapore, Tel Aviv--the global hubs of entrepreneurial activity--all bear the marks of government investment. Yet, for every public intervention that spurs entrepreneurial activity, there are many failed efforts that waste untold billions in taxpayer dollars. When has governmental sponsorship succeeded in boosting growth, and when has it fallen terribly short? Should the government be involved in such undertakings at all? Boulevard of Broken Dreams is the first extensive look at the ways governments have supported entrepreneurs and venture capitalists across decades and continents. Josh Lerner, one of the foremost experts in the field, provides valuable insights into why some public initiatives work while others are hobbled by pitfalls, and he offers suggestions for how public ventures should be implemented in the future. Discussing the complex history of Silicon Valley and other pioneering centers of venture capital, Lerner uncovers the extent of government influence in prompting growth. He examines the public strategies used to advance new ventures, points to the challenges of these endeavors, and reveals the common flaws undermining far too many programs--poor design, a lack of understanding for the entrepreneurial process, and implementation problems. Lerner explains why governments cannot dictate how venture markets evolve, and why they must balance their positions as catalysts with an awareness of their limited ability to stimulate the entrepreneurial sector. As governments worldwide seek to spur economic growth in ever more aggressive ways, Boulevard of Broken Dreams offers an important caution. The book argues for a careful approach to government support of entrepreneurial activities, so that the mistakes of earlier efforts are not repeated. 410 0$aKauffman Foundation series on innovation and entrepreneurship. 606 $aEntrepreneurship$xGovernment policy 606 $aVenture capital$xGovernment policy 606 $aIndustrial policy 615 0$aEntrepreneurship$xGovernment policy. 615 0$aVenture capital$xGovernment policy. 615 0$aIndustrial policy. 676 $a338/.04 700 $aLerner$b Joshua$0126643 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910958511103321 996 $aBoulevard of broken dreams$94339424 997 $aUNINA