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"This important, well-reasoned book reminds us in times of financial crisis that it is innovation and technical change in the real economy that is ultimately responsible for our prosperity--and that, alas, there are no silver bullets or simple policies to advance the process. Provocative, interesting, and useful."--Amar Bhidé, author of The Venturesome Economy
"Boulevard of Broken Dreams shows a deep understanding of the role of government in boosting entrepreneurship."--Sir Ronald Cohen, chairman of The Portland Trust and Bridges Ventures, and cofounder and former chairman of Apax Partners
"Boulevard of Broken Dreams is destined to be regarded as the classic study about how governments can succeed or fail in attempting to produce successful entrepreneurial environments and programs. All policymakers interested in achieving success--and avoiding failure--in encouraging entrepreneurial activity need to study and master the lessons described so eloquently by Josh Lerner."--David M. Rubenstein, cofounder and managing director of The Carlyle Group
"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
This book is a reminder for politicians to except they will not be able to really stimulatie entrepeneurship. Read morePublished 10 months ago by Leen noordzij
For any-body interested in the field of innovation-policy this book is essential readingPublished 12 months ago by Peter
Not deep enough, very introductory and, IMHO, far from in-hands reallity.
Just a bunch of examples all around the world.
Boulevard of Broken Dreams: Why Public Efforts to Boost Entrepreneurship and Venture Capital Have Failed--and What to Do About It (Kauffman Foundation Series on Innovation and... Read morePublished on May 15, 2012 by Gundars Kulikovskis
good summary of the challenges to public and private attempts for community economic development,yet I think aimed for the uninformed,rather than the professionals in this space.Published on March 20, 2012 by Randy
This book should be required reading for anyone running for public office. With debt levels reaching alarming levels in countries all over the world, a little light reading of... Read morePublished on December 3, 2010 by Ryan
This book presents a very real picture about the consequences of Governments thinking they can act as professional investors. Read morePublished on September 29, 2010 by Stephan Morais
Josh Lerner has written a thoughtful and fact based book about the failure of Public efforts to stimulate entrepreneurship, despite the huge grants supposedly intended to do... Read morePublished on August 9, 2010 by M Amelia Taylor