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).
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.
Millennials want to make more money than previous generations. But their way of getting there is a head-scratcher.
Starting a Business
We hear so much about how millennials want to run their own businesses. But recent data suggest the opposite is true.
It's not about bias or the 'system.' To address the gender gap, more women need to want to own businesses.
From an economic and health standpoint, policymakers got it right when it came to sales of recreational cannabis.
Most of this administration's policies have been hostile to the interests of Main Street business owners, particularly those running labor-intensive businesses with low-wage employees.
The regulatory burden on small businesses is now higher than it was when President Obama took office. Circumstances must change.
Only comprehensive reform will prevent businesses that produce the same profits through the same activities from paying vastly different tax rates.
Maintaining an alliance with small-business owners is in the best interests of big-business leaders. Instead, there is a fight brewing.
The decline in startup rates might simply represent Americans' realization that earning a living running one's a small business has become more difficult over the past three-and-a-half decades.
Under the JOBS Act, there will be new ways to raise money. But not all fund-raising is created equal.
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