Entrepreneurship may not be best for young people, Scott Shane says

SBA tells young people to ditch the job search and start a business

The Washington Post: The Small Business Administration is encouraging young people to stop looking for a job and instead start their own business. Scott Shane, A. Malachi Mixon III Professor of Entrepreneurial Studies, warned that it might not be the best tactic for job creation. “You’re not going to get as many successful businesses with young unemployed people as if you put your money into encouraging entrepreneurship among employed middle-aged people,” he said.