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Scott Shane

Scott Shane

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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).

30 Recent Stories

What Entrepreneurs Need to Know About What's Ahead in 2013 for the U.S. Economy

What Entrepreneurs Need to Know About What's Ahead in 2013 for the U.S. Economy

Given the business outlook for the coming year, it's hard to find any winners and the list of losers is long.
January 1, 2013 in Tax Center
Are Small-Business Owners Going to Spoil the Mood? (Opinion)

Are Small-Business Owners Going to Spoil the Mood? (Opinion)

Despite the headlines about rising consumer confidence, the U.S. economy isn't looking up. Business owners' pessimism remains a drag on the recovery.
December 4, 2012 in Go Forward
Love Obamacare? Get Ready for More Health-Care Legislation

Love Obamacare? Get Ready for More Health-Care Legislation

Most Americans don't like the 'market solution' to the problem of escalating health-insurance costs. The best option for employers and employees alike is to push for government policies that lower the
November 28, 2012 in Compensation and Benefits
What's the Best Outcome for Small Business on the Fiscal Cliff? (Opinion)

What's the Best Outcome for Small Business on the Fiscal Cliff? (Opinion)

Entrepreneurship professor Scott Shane's insights on how spending cuts and tax increases could affect you.
November 20, 2012 in Tax Center
Closing the African-American Startup Gap (Opinion)

Closing the African-American Startup Gap (Opinion)

Targeted minority-lending programs have had only limited success in encouraging new-business creation among minorities. Could crowd-funding help close the startup gap?
November 15, 2012 in Starting a Business
Is Romney Right About Startup Rates Dropping? (Opinion)

Is Romney Right About Startup Rates Dropping? (Opinion)

Republican presidential candidate and former Mass. Gov. Mitt Romney set fact-checkers scrambling during this week's debate when he stated that new business startups were at 30-year lows.
October 5, 2012 in Startup Basics
Romney Is Right on Foreign Aid (Opinion)

Romney Is Right on Foreign Aid (Opinion)

The Republican challenger delivered an important message for economic development at the Clinton Global Initiative. U.S. foreign aid, he said, should be linked to efforts to promote free enterprise in
October 2, 2012 in Financing
Should Small Business Fear the Fiscal Cliff? (Opinion)

Should Small Business Fear the Fiscal Cliff? (Opinion)

Think concerns over the coming federal spending cuts and tax increases are overblown? Think again. Here's why.
September 27, 2012 in Tax Center
Why the Fed Should Ease Up on Weak Small Banks (Opinion)

Why the Fed Should Ease Up on Weak Small Banks (Opinion)

Lending to small businesses has dropped, but experts disagree on the reason.
September 13, 2012 in Bank Loans and Microloans
Convincing Small Business that Prosperity Is Just Around the Corner (Opinion)

Convincing Small Business that Prosperity Is Just Around the Corner (Opinion)

Optimism among small business owners has been slow to recover as the economy emerges from recession.
September 7, 2012 in Go Forward
Incentives Needed to Spur Federal Agencies to Meet Small-Business Contracting Goals (Opinion)

Incentives Needed to Spur Federal Agencies to Meet Small-Business Contracting Goals (Opinion)

The SBA reports that it has tried to increase the share of federal dollars going to small businesses by implementing new contracting provisions. Unfortunately, it doesn't appear to be working.
August 22, 2012 in Growth Strategies
Young Entrepreneurs: Not the Cure for What Ails the Economy (Opinion)

Young Entrepreneurs: Not the Cure for What Ails the Economy (Opinion)

Interest is high in supporting youth entrepreneurship and often seen as a way to help create jobs and turn the economy. But a closer look at the issues shows that these notions may be little more than
August 13, 2012 in Young Entrepreneurs
Senate Bill Would Undermine University Tech Inventions (Opinion)

Senate Bill Would Undermine University Tech Inventions (Opinion)

A proposed measure intended to encourage more high-tech startups is misguided, our columnist argues. Increasing academic research funding is the better route for fostering innovation.
July 30, 2012 in Inventing
Small-Business Owners Still Waiting for a Rebound (Opinion)

Small-Business Owners Still Waiting for a Rebound (Opinion)

Business owners have been hit harder than others in the Great Recession, largely due to their greater share of home-equity debt. Here's what's needed for a small-business recovery.
July 23, 2012 in Go Forward
The Twisted Logic Behind the Regulatory Freeze for Jobs Act (Opinion)

The Twisted Logic Behind the Regulatory Freeze for Jobs Act (Opinion)

To spur job creation, Congress is voting soon on a moratorium on regulation. Columnist Scott Shane says it's not the answer to our business problems.
July 18, 2012 in Growing Your Business
Should the U.S. President Have Business Experience? (Opinion)

Should the U.S. President Have Business Experience? (Opinion)

Why success in the private sector doesn't necessarily translate into an effective leadership.
July 16, 2012 in Leadership
7 Reasons Small Business Supports Romney (Opinion)

7 Reasons Small Business Supports Romney (Opinion)

Small-business owners overwhelmingly favor Mitt Romney over Barack Obama in the 2012 presidential election. Here are seven reasons why.
June 12, 2012 in Money
Why Congress Shouldn't Fund Business Incubators (Opinion)

Why Congress Shouldn't Fund Business Incubators (Opinion)

Before spending money on business incubators, Congress should first figure out whether we really need more in the U.S. and whether they actually help create jobs.
May 31, 2012 in Startup Basics
Grads: Want to Be an Entrepreneur? Get a Job (Opinion)

Grads: Want to Be an Entrepreneur? Get a Job (Opinion)

If your heart is set on running your own business, you could raise your odds of success by first getting some experience on your resume and money in the bank.
May 28, 2012 in Young Entrepreneurs
Listen to Small Business: Don't Increase the Minimum Wage (Opinion)

Listen to Small Business: Don't Increase the Minimum Wage (Opinion)

Business owners often oppose the minimum wage because it reduces their profits. But their position might be more helpful to low-skilled workers than the altruistic views of elected officials.
May 25, 2012 in Compensation and Benefits
Lowering Taxes on Manufacturers Won't Help Small Business (Opinion)

Lowering Taxes on Manufacturers Won't Help Small Business (Opinion)

Giving special treatment to one industry leads to misallocation of resources to that favored business sector.
May 1, 2012 in Tax Center
What an End to the Health-Care Law Could Mean for Small Business

What an End to the Health-Care Law Could Mean for Small Business

The U.S. Supreme Court's decision on the Patient Protection and Affordable Health Care Act won't be known until June, but here are some of the potential effects small-business owners might want to con
April 24, 2012 in Human Resources
The JOBS Act Doesn't Mean You Should Run Out and Raise Equity

The JOBS Act Doesn't Mean You Should Run Out and Raise Equity

Selling equity in a business only makes sense for a business if there's a potential to generate substantial income on the investors' money.
April 18, 2012 in Financing
Should American Entrepreneurs Favor Tariffs? (Opinion)

Should American Entrepreneurs Favor Tariffs? (Opinion)

Tarrifs raise the price of imported goods, which can hurt not only the sales of exporters but also can the local businesses in the importing country.
April 3, 2012 in Exploring New Markets
Private Equity and Entrepreneurs: Allies in Productivity (Opinion)

Private Equity and Entrepreneurs: Allies in Productivity (Opinion)

Private-equity firms are in the spotlight thanks to Mitt Romney. But they don't deserve the blame they get for destroying jobs any more than young breakouts like Google, says Scott Shane.
March 27, 2012 in Productivity
Why We Should Invest More in Existing Businesses (Opinion)

Why We Should Invest More in Existing Businesses (Opinion)

Small businesses employ a lot of people, so policy makers invest in resources that help start new companies. But more resources should be allocated to helping existing business stay afloat.
March 22, 2012 in Growing Your Business
Let Small Investors Join Angel Groups (Opinion)

Let Small Investors Join Angel Groups (Opinion)

Being rich does little to protect an investor from fraud. Often there is safety in numbers.
February 28, 2012 in Angel Investors
Pop the Question. It Will Help Your Business (Opinion)

Pop the Question. It Will Help Your Business (Opinion)

Getting married is a good idea if you're an entrepreneur or want to run your own business. The below-market labor and advice are just some of the reasons why. Our columnist explains.
February 14, 2012 in Lifestyle
Sit Down Now and Write That Business Plan (Opinion)

Sit Down Now and Write That Business Plan (Opinion)

If you're serious about building a successful enterprise, you'll need a business plan. But don't let that stop you from starting.
February 1, 2012 in Your Business Plan
Puzzle for Policy Makers: How to Increase Gender Equality in Entrepreneurship

Puzzle for Policy Makers: How to Increase Gender Equality in Entrepreneurship

The solution for policy makers looking to reduce the longstanding disparity between the sexes may depend largely on why the gap continues.
January 17, 2012 in Trends