Sacramento devotes $10 million to high-tech firms, but plan faces risks
The Sacramento Bee: Scott Shane, the A. Malachi Mixon III Professor of Entrepreneurial Studies and professor of economics, cited some challenges with cities that try to use funding to create high-tech economies. “One of the things you’ve got to do is get government money without government involvement and that’s really hard to pull off,” he said. “Governments are trying to achieve different objectives than the private sector.”
