Comments on: American Innovation In Crisis http://techpulse360.com/2009/03/04/american-innovation-in-crisis/ Business and Innovation In Silicon Valley Thu, 24 Mar 2011 01:58:05 +0000 hourly 1 http://wordpress.com/ By: Pascal Levensohn http://techpulse360.com/2009/03/04/american-innovation-in-crisis/#comment-1960 Thu, 05 Mar 2009 22:44:09 +0000 http://techpulse360.com/?p=6607#comment-1960 Tom–

The amount of capital is secondary to (1) the need for cohesive interaction and coordination between the public and private sectors and (2) the need to restore a balance between primary research and commercialization. Venture capitalists are not in the business of promoting open-ended primary research– we are in the business of development and commercialization. There is a big difference between risk capital that measures success in terms of ROI and risk capital that embraces less sharply defined concepts of breakthrough innovation.

My core point is that the fundamental nature of global competitiveness has changed. The U.S. is losing ground internationally on multiple technological fronts. We need to recognize this and act to correct it.

]]> By: Tom Foremski http://techpulse360.com/2009/03/04/american-innovation-in-crisis/#comment-1955 Wed, 04 Mar 2009 23:29:20 +0000 http://techpulse360.com/?p=6607#comment-1955 It takes far less capital to startup today. Silicon Valley still has more capital and people skilled in startups than anywhere else on the planet. Silicon Valley is no more, or less, in crisis than the rest of the economy–it reflects what’s going on in the broader economy.

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