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The Coming Prosperity
“Philip Auerswald shows the role that innovators must play if we are to create ‘The Coming Prosperity.’ In this important book, he reminds us that challenging the status quo is the inescapable first...
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The One-Sector Economy
Here’s a talk I gave a couple of months ago on Capitol Hill at an event organized by the Woodrow Wilson Center to discuss the Startup America Act: Sums up in 10 minutes my...
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I come to bury industrial policy, not to praise it (pt I—Lerner)
A recent renewal of public discussion regarding the virtues of industrial policy, juxtaposed against the ongoing Solyndra spectacle, prompted me the other day to revisit an Economist debate from last year between Josh Lerner and...
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You Get What You Celebrate
Carl Schramm has a post on Forbes.com titled “Remembering Steve Jobs By Celebrating The Life He Lived“: Here’s what President Obama said in January 2009 to the million people on the National Mall...
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Regional Ecologies of Innovation
I wrote this piece with Lewis Branscomb and Richard Zeckhauser in 2001. As it was part of a grant application, it was never published. The topic of innovation ecosystems keeps coming up (e.g....
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Time to Bring Entrepreneurship and Innovation to the National Mall
While the mission of the Smithsonian has remained constant, the nature of knowledge has not.
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What if Development Economics Was Actually About Development?
Pop quiz: Is a “business-friendly” environment the same as an “entrepreneur-friendly” environment? Answer to that is coming up. But my guess is that 9/10 entrepreneurs get the answer right (10/10?), and 9/10 economists...
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Taking Technical Risks: How Innovators, Managers, and Investors Manage Risk in High-Tech Innovations
How do technology innovators, business executives, and venture capitalists manage the technical elements of business risk when developing and launching new products? Overcoming technical risks requires crossing the so-called valley of death–the gap...
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Financing Entrepreneurship
This important collection is comprised of 24 previously published papers. These include foundational papers which offer an understanding of the conceptual and historical substructure of entrepreneurial finance and more recent seminal works about...
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