Professor at Case Western Reserve University
Scott Shane is the A. Malachi Mixon III professor of entrepreneurial studies at Case Western Reserve University. His books include
Illusions of Entrepreneurship: The Costly Myths That Entrepreneurs, Investors, and Policy Makers Live by (Yale University Press, 2008) and Finding Fertile Ground: Identifying Extraordinary Opportunities for New Businesses (Pearson Prentice Hall, 2005).
Since 2009, fewer Americans say their schools encourage the development of entrepreneurial principles.
Starting a Business
The fall in new company starts does not necessarily mean that the American economy is less dynamic than it used to be, or that Americans are opening up new establishments at a lower rate than they did in the late 1970s.
Like larger corporations, many small businesses are using outside help rather than hiring new employees.
Despite the recent rise in the number of small business loans, small business lending still has not returned to their highs.
For a large number of people to replace their gasoline-powered cars with electric- vehicles, many automakers need to make electric cars.
The SEC is considering higher financial thresholds for accredited investors. That might not limit angel financing as much as feared.
New-business job creation has declined, and not for the reasons you might think.
The Small Business Administration has done something rare: It united both sides of the aisle in opposition.
When calls for consumer protection come from competitors, policymakers should be cautious.
Just because venture investment is up doesn't mean we are awash in froth.
Stimulating entrepreneurship means accepting more inequality. Policy intervention needs to understand that.
Before Americans start celebrating a drop in the number of uninsured, you first have to look behind the numbers.
Entrepreneurs approach decision-making differently. But is that nature or nurture?
Elected leaders are looking in the wrong place. All Americans want is equal opportunity.
The desire for the government to provide care has been waning. And that was well before the ACA took effect.
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