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Long Time

Hello, readers!  It’s been a long time since my last post, my apologies (I know you didn’t even know I was gone).  This fall I took a bit of a turn in my life and started a Phd program in economics at the University of Nevada, Reno.  I’ll be focusing my research on entrepreneurship and innovation, but first I have to get through my core micro, macro, and econometric classes.  I’m also working this school year helping to establish the new Ozmen Center for Entrepreneurship at UNR, more to come on that soon.

I wanted to quickly share with you the latest “Sketchbook” from the Kauffman Foundation.  I really appreciate the research they are doing as I think it adds a lot to the field of entrepreneurship education.

In this installment, Dane Stangler debunks four common myths about entrepreneurship.

1) It’s not small companies that grow the economy, it’s young companies.

2) Despite the popularity if their stories, the 23-year-old startup founder is not the norm.  Most founders of successful companies are in their mid to late 30s or early 40s.

3) We should not be trying to create “Silicon {fill in the blank}”s all over the world.  Silicon Valley is unique, we shouldn’t be trying to recreate it.

4) Incubators are not effective at all for actually producing companies.

I try to hit on all four of these themes in my work with entrepreneurs, and it’s nice to see research backing up these claims.