ScottShane

Scott Shane seems to delight in sharing harsh realities about entrepreneurship and economic development.

Shane, a Case Western Reserve University economics professor who authors a regular column for Business Week, castigates a culture that promotes a “naive view of entrepreneurship and starting businesses” in his 2008 book “The Illusions of Entrepreneurship: The Costly Myths That Entrepreneurs, Investors, and Policy Makers Live By.”

The reality is very, very few entrepreneurs are successful. “We overinflate the positives and talk only about a small group of extremely successful start-ups like Apple, Google and Federal Express, but ignore the much larger number that fail,” he said in an interview with Case’s news center to promote the book.

To read the full, original article click on this link: Everything you know about entrepreneurship is wrong