State of Innovation
Is the Venture Capital Business Broken?
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This past summer we surveyed over 1,000 venture capitalists, and asked them a simple yes or no question: “Is the Venture Capital Business Broken?” Over 53% of the respondents said “yes.” This triggered a lot of conversation in the blogosphere and in the VC community.
Since the beginning of time, it’s been entrepreneurs that drive the creation of innovation. True breakthroughs have been the result of an individual or small team who had an idea and the determination to see it through to fruition. In many cases, ignoring the advice of friends and the lack of what many would call standard market research/validation. While we enjoy the fruits of the rapid pace of innovations, it is the entrepreneur, slaving away alone or within a small firm, who is inventing the future.
Innovation America's tagline is "The Daily Pulse of Global Innovation". See the impact that Global trends and Innovation are having around the world by watching this short, thought provoking video. I liked it so much that I made it the lead article for the first Monday of 2010! IT IS A MUST WATCH !
London, England (CNN) -- Coming up with brilliant, game-changing ideas is what makes the likes of Apple's Steve Jobs so successful, and now researchers say they have identified the five secrets to being a great innovator
To improve science and mathematics education for American children, the White House is recruiting Elmo and Big Bird, video game programmers and thousands of scientists.
