State of Innovation

Is the Venture Capital Business Broken?

Thursday, 14 January 2010 01:00 |

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.

It got me thinking about what exactly is going on and made me want to do a deeper dive. As a result, late in the fourth quarter I reached out to 50 general partners of venture funds across the country in Silicon Valley, Austin, Dallas, Tysons Corner, New York and Boston to gauge their sentiments about the state of the venture business.

What is the role of government to encourage small business innovation?

Tuesday, 05 January 2010 01:00 |

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.

What Sony played at its annual shareholder meeting this year

Monday, 04 January 2010 01:00 |

Sony 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 !
Enjoy and Thanks to Tom Mathews for sending it to me.
--Rich Bendis

Learn the five secrets of innovation

Sunday, 29 November 2009 01:00 |

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

Professors from Harvard Business School, Insead and Brigham Young University have just completed a six-year study of more than 3,000 executives and 500 innovative entrepreneurs, that included interviews with high-profile entrepreneurs including Amazon founder Jeff Bezos and Michael Dell, founder of Dell computers.

White House Pushes Science and Math Education

Tuesday, 24 November 2009 01:00 |

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.

President Obama will announce a campaign Monday to enlist companies and nonprofit groups to spend money, time and volunteer effort to encourage students, especially in middle and high school, to pursue science, technology, engineering and math, officials say.