Entrepreneurship Illusions

Illusions of Entrepreneurship

Scott Shane from Case Western has just published (in the US) The Illusions of Entrepreneurship: The Costly Myths That Entrepreneurs, Investors, and Policy Makers Live By.

“People start businesses based on the myths we tell ourselves about entrepreneurship and then are hurt when confronted by reality. Investors believe these myths and invest money and they’re disappointed when they don’t hold true. Policy makers make policy based on these myths and then wonder why the economy isn’t growing with all these entrepreneurs now in it.”

Try taking his entrepreneurship test. I scored a massive 50%!

Clearly care will have to be taken in translating the US research to the UK context – but I am sure this will provoke some interesting conversations. You can pre-order the book here.


  1. Entrepreneurship is not a magical word, it’s not only a state of mind but it also be able of give means to ideas you want to build.

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