How to encourage entrepreneurs? Instead of subsidizing start-ups directly, governments should become good customers for them. The US government is a huge customer for all kinds of software companies, just as it helped to build the airline industry long ago by contracting out postal service transportation.
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The Dangerous Myth of the Hero Entrepreneur by Esther Dyson - Project Syndicate
This is an important insight that have been said many times before, and especially in many of stories about the origin of Silicon Valley (e g in Nathan Rosenberg’s work). But why is it so easy to miss?
Source: project-syndicate.org
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futuramb posted this
P A Martin Börjesson
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