What We Are Reading Today: Boulevard of Broken Dreams by Josh Lerner

Updated 05 December 2018
0

What We Are Reading Today: Boulevard of Broken Dreams by Josh Lerner

Silicon Valley, Singapore, Tel Aviv — the global hubs of entrepreneurial activity — all bear the marks of government investment.

Yet, for every public intervention that spurs entrepreneurial activity, there are many failed efforts that waste untold billions in taxpayer dollars. 

When has governmental sponsorship succeeded in boosting growth, and when has it fallen terribly short? Should the government be involved in such undertakings at all?

Boulevard of Broken Dreams is the first extensive look at the ways governments have supported entrepreneurs and venture capitalists across decades and continents.

Josh Lerner, one of the foremost experts in the field, provides valuable insights into why some public initiatives work while others are hobbled by pitfalls, and he offers suggestions for how public ventures should be implemented in the future. Discussing the complex history of Silicon Valley and other pioneering centers of venture capital, Lerner uncovers the extent of government influence in prompting growth. 

He examines the public strategies used to advance new ventures, points to the challenges of these endeavors, and reveals the common flaws undermining far too many programs — poor design, a lack of understanding for the entrepreneurial process, and implementation problems.

Lerner explains why governments cannot dictate how venture markets evolve, and why they must balance their positions as catalysts with an awareness of their limited ability to stimulate the entrepreneurial sector.

 


Abu Dhabi Festival reveals exciting 2019 lineup

Updated 10 December 2018
0

Abu Dhabi Festival reveals exciting 2019 lineup

  •  Dubbed ADF19, the festival will feature more than 100 events across 25 venues in Abu Dhabi, including 18 productions, two co-productions and two commissioned artworks
  • The festival will also shed light on artists with disabilities, with the central theme announced as “Culture of Determination”

The month-long Abu Dhabi Festival, set to be held in March 2019, announced its art-and-culture filled lineup in a press conference at the Emirates Palace hotel on Monday, with the packed itinerary set to entertain culture vultures in the capital in what will be the festival’s 16th edition.

Dubbed ADF19, the festival will feature more than 100 events across 25 venues in Abu Dhabi, including 18 productions, two co-productions and two commissioned artworks. If that isn’t enough, the festival will also feature more than 500 artists from 17 different countries.

The festival’s headline program includes performances by the Korean National Ballet — set to perform “Giselle,” a romantic ballet about a peasant girl with a passion for dance — and the Korean Symphony Orchestra. Korea has been singled out as ASF19’s “Country of Honor” and organizers are focusing on sharing its classical talent with audiences in the Middle East.

“Abu Dhabi Festival… has been contributing enormously to the region’s intercultural competence, so I’m very happy that Korea could be a part of the wonderful celebration,” the Republic of Korea’s Ambassador to the UAE Kang-ho Park told the press via video link on Monday.  

The festival will also shed light on artists with disabilities, with the central theme announced as “Culture of Determination.”

Festival founder Huda I. Alkhamis-Kanoo took to the stage alongside Peter Wheeler, CEO of the Special Olympics World Games Abu Dhabi, to sign a cooperation agreement at Monday’s press conference and a March 16 concert titled “Stand Up For Inclusion” was announced as one of the main events during next year’s festival.

The festival will also host an exhibition called “Distant Prospects,” presenting the history of European landscape painting through renowned pieces by key figures in the Late Renaissance and Baroque eras.

Other highlights include a performance by award-winning US jazz pianist Justin Kauflin on March 11, a dance show by the Sara Baras Flamenco Ballet Company on March 21 and a full-length, three-act plotless performance by the Paris Opera Ballet, backed by the Pasdeloup Orchestra — the oldest symphony orchestra in France — on March 29 and 30.