Governments worldwide spend enormous sums subsidizing and even bailing out troubled firms. These firms are almost always large, mature companies in mature industries. In this book, Josh Lerner asks whether government should instead focus on emerging companies. Perhaps government would do better...

Government-Enterprise Connection: Entrepreneur and Private Enterprise Development in China -- Government, Enterprise and Entrepreneur: Are These Relationships the Primary Productive Force? -- Entrepreneur and Enterprise Development: Human Capital, Political Capital and Decision-making Style --...

Silicon Valley, Singapore, 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...