Scott Shane, PhD, is professor of economics. He has written or edited 16 books that include Illusions of Entrepreneurship: The Costly Myths that Entrepreneurs, Investors, and Policy Makers Live By; Finding Fertile Ground: Identifying Extraordinary Opportunities for New Ventures; From Ice Cream to the Internet: Using Franchising to Unlock the Potential of Your Business; Academic Entrepreneurship: University Spinoffs and Wealth Creation, among five others. Several of his books have won the Best Business Book Award, Best Small Business Book Award, and the Golden Book Award, Taiwan.
The author of over 94 scholarly articles on entrepreneurship and innovation management, Shane's work has appeared in Management Science, Organization Science, Academy of Management Journal, Academy of Management Review, Strategic Management Journal, Journal of Economic Behavior and Organization and International Journal of Industrial Organization, among others.His current research examines: (1) how entrepreneurs discover and evaluate opportunities, assemble resources, and design organizations; (2) university spin-offs and technology transfer; (3) business format franchising; (4) angel investing; and (5) genetic factors in entrepreneurship.
Shane has been a consultant to numerous large and small organizations and has taught in executive education programs around the world. Since his appointment at Weatherhead School of Management in 2003, Shane has taught courses in the areas of technology strategy and entrepreneurship. He is also the Managing Director of the Comeback Capital Fund, a venture capital fund investing in early stage companies in the Heartland.
Shane has been nominated for both the Weatherhead Teaching Excellence Award, and Carl F. Wittke Award for Best Undergraduate Teacher Nominee, Case Western Reserve University.
He is the Weatherhead School’s most highly cited faculty member. In 2009, he won the Global Award for Entrepreneurship Research, in 2015 he received the Weatherhead Enduring Impact Award, and in 2017 he received the Case Western Reserve University Faculty Distinguished Research Award. He received his PhD from the Wharton School, University of Pennsylvania.
His previous faculty appointments include the University of Maryland, Massachusetts Institute of Technology, and Georgia Institute of Technology
Initially Appointed: 2003
- Technology Strategy
By Appointment Only
- Technology entrepreneurship
- New firm formation
- Economic development
- New venture finance
Awards and Honors
- Board Member, JumpStart Inc, Cleveland, OH, 2008 - 2009
- Member, NorthCoast Angel Fund, Cleveland, OH, 2006 - 2018
- Shane, S. A., Goldberg, M. (2018).
Technology will transform university entrepreneurship programs University Industry Innovation Network.
- Shane, S. A. (2009).
Fool's Gold: The Truth Behind Angel Investing in America New York: Oxford University Press.
- Shane, S. A. (2008).
Technology Strategy for Managers and Entrepreneurs Englewood Cliffs, NJ: Prentice Hall.
- Shane, S. A. (2008).
Illusions of Entrepreneurship: The Costly Myths that Enbtrepreneurs, Investors, and Policy Makers Live By New Haven, CT: Yale University Press.
- Nicolau, N., Shane, S. A., Hunkin, J., Cherkas, L., Spector, T. (2008).
Is the tendancy to to engage in entrepreneurship genetic? (vol. 54, issue 1, pp. 167-179). Hanover, MD: Management Science.