{"id":2906,"date":"2019-03-28T15:00:09","date_gmt":"2019-03-28T15:00:09","guid":{"rendered":"https:\/\/dereklidow.com\/?p=2906"},"modified":"2019-03-28T23:52:43","modified_gmt":"2019-03-28T23:52:43","slug":"the-most-important-book-on-entrepreneurship-you-probably-havent-read","status":"publish","type":"post","link":"https:\/\/dereklidow.com\/the-most-important-book-on-entrepreneurship-you-probably-havent-read\/","title":{"rendered":"The Most Important Book On Entrepreneurship You Probably Haven&#8217;t Read"},"content":{"rendered":"<p class=\"speakable-paragraph\">For 20 years Paul D. Reynolds worked as a sociology professor. Then he made the momentous career decision to focus on entrepreneurship. For the ensuing 23 years, he was affiliated with five business schools and served as the coordinating principal investigator of Panel Study of Entrepreneurial Dynamics (<a href=\"http:\/\/www.psed.isr.umich.edu\/psed\/home\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-ga-track=\"ExternalLink:http:\/\/www.psed.isr.umich.edu\/psed\/home\">PSED<\/a>) research program, the most detailed study of entrepreneurship ever undertaken. Now, in\u00a0<a href=\"https:\/\/www.elgaronline.com\/view\/9781788118347\/9781788118347.xml\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-ga-track=\"ExternalLink:https:\/\/www.elgaronline.com\/view\/9781788118347\/9781788118347.xml\"><em data-ga-track=\"ExternalLink:https:\/\/www.elgaronline.com\/view\/9781788118347\/9781788118347.xml\">Business Creation: Ten Factors for Entrepreneurial Success<\/em><\/a>, he summarizes and interprets the mountain of work he has done on a subject that is still only poorly understood.<\/p>\n<p>Based on nationally representative samples of nascent entrepreneurs who were followed for six years after they started their businesses, the PSED provides a thoroughly documented picture of how start-ups actually unfold and brings unparalleled scientific rigor to the subject.<\/p>\n<p>Reynolds is also the founding principal investigator of the\u00a0<a href=\"https:\/\/www.gemconsortium.org\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-ga-track=\"ExternalLink:https:\/\/www.gemconsortium.org\/\"><span data-ga-track=\"ExternalLink:https:\/\/www.gemconsortium.org\/\">Global Entrepreneurship Monitor<\/span><\/a>, the world\u2019s foremost study of entrepreneurship and a trusted resource for international organizations like the United Nations, World Economic Forum, World Bank\u00a0and the\u00a0Organization for Economic Co-operation and Development. (Full disclosure: I\u2019ve known Paul for 3 years and he has graciously helped me with invaluable data to support many of the arguments of my own books.)<\/p>\n<p>In just 175 pages,\u00a0<em>Business Creation\u00a0<\/em>describes the major features of launching and trying to sustain a startup. It is organized around ten \u201cstatements of fact\u201d about entrepreneurship like \u201cit can be very satisfying,\u201d \u201cit is a social activity,\u201d and \u201cprofits are elusive.\u201d But behind those deceptively simple statements lie reams of data and careful thought about what it means for entrepreneurs and for people who want to encourage new business formation&#8230;\u00a0<\/p>\n\n\n<p><a href=\"https:\/\/www.forbes.com\/sites\/dereklidow\/2019\/03\/27\/the-most-important-book-on-entrepreneurship-you-probably-havent-read\/#7a07f2121dc2\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"For 20 years Paul D. Reynolds worked as a sociology professor. Then he made the momentous career decision to focus on entrepreneurship. For the ensuing 23 years, he was affiliated with five business schools and served as the coordinating principal investigator of Panel Study of Entrepreneurial Dynamics (PSED) research program, the most detailed study of&hellip;","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"link","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/dereklidow.com\/wp-json\/wp\/v2\/posts\/2906"}],"collection":[{"href":"https:\/\/dereklidow.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dereklidow.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dereklidow.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/dereklidow.com\/wp-json\/wp\/v2\/comments?post=2906"}],"version-history":[{"count":0,"href":"https:\/\/dereklidow.com\/wp-json\/wp\/v2\/posts\/2906\/revisions"}],"wp:attachment":[{"href":"https:\/\/dereklidow.com\/wp-json\/wp\/v2\/media?parent=2906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dereklidow.com\/wp-json\/wp\/v2\/categories?post=2906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dereklidow.com\/wp-json\/wp\/v2\/tags?post=2906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}