Boulevard of Broken Dreams

By Josh Lerner,

Book cover of Boulevard of Broken Dreams: Why Public Efforts to Boost Entrepreneurship and Venture Capital Have Failed--and What to Do about It

Book description

Silicon Valley, Singapore, and 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…

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Why read it?

1 author picked Boulevard of Broken Dreams as one of their favorite books. Why do they recommend it?

There is only one Silicon Valley – and there can only be one.

Harvard Professor Josh Lerner debunks enduring myths about replicating the success of this unique cluster dedicated to information technologies. He describes the different unsuccessful attempts of doing so by various public authorities and governments, and draws the lessons of such attempts.

He also identifies what are the conditions of successful local attempts to develop industrial clusters. In this context, this book provides a solid background to readers eager to understand the background of the emergence and development of private companies thanks to a complex web of interactions…

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