Good one. Another myth debunked.
It's about creating space and the right conditions for things to happen rather than relying on incentive.
This goes along with Mariana Mazzucato's entrepreneurial state. A safety net creates space and an entrepreneurial state creates the right conditions.
Bloomberg View
Want More Startups? Build a Better Safety Net
Bloomberg View
Want More Startups? Build a Better Safety Net
Noah Smith, contributor