文档介绍：Public Policy and
the Economics of
Entrepreneurship
Public Policy and
the Economics of
Entrepreneurship
edited by Douglas Holtz-Eakin
and Harvey S. Rosen
The MIT Press
Cambridge, Massachusetts
London, England
( 2004 Massachusetts Institute of Technology
All rights reserved. No part of this book may be reproduced in any form by any elec-
tronic or mechanical means (including photocopying, recording, or information storage
and retrieval) without permission in writing from the publisher.
Set in Palatino on 3B2 by Asco Typesetters, Hong Kong. Printed and bound in the United
States of America.
Library of Congress Cataloging-in-Publication Data
Public policy and the economics of entrepreneurship / edited by Douglas Holtz-Eakin
and Harvey S. Rosen.
p. cm.
Papers presented at a conference held at Syracuse University in April 2001.
Includes bibliographical references and index.
ISBN 0-262-08329-9 (hc. : alk. paper)
1. Entrepreneurship—Congresses. 2. Entrepreneurship—Government policy—United
States. 3. Small business—Government policy—United States. 4. e distribution—
United States. I. Holtz-Eakin, Douglas. II. Rosen, Harvey S.
2004
—dc21 2003053963
10 987654321
Contents
Introduction vii
1When Bureaucrats Meet Entrepreneurs: The Design of Effective
‘‘Public Venture Capital’’ Programs 1
Josh Lerner
2 The Self-Employed Are Less Likely to Have Health Insurance
Than Wage Earners. So What? 23
Craig William Perry and Harvey S. Rosen
3 Business Formation and the Deregulation of the Banking
Industry 59
Sandra E. Black and Philip E. Strahan
4 Public Policy and Innovation in the . Pharmaceutical
Industry 83
Frank R. Lichtenberg
5Dimensions of Nonprofit Entrepreneurship: An Exploratory
Essay 115
Joseph J. Cordes, C. Eugene Steuerle, and Eric Twombly
6Does Business Ownership Provide a Source of Upward Mobility
for Blacks and Hispanics? 153
Robert W. Fairlie
vi Contents
7 Entrepreneurial Activity and W