Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

Only a slight breeze blew across the plains of Inner Mongolia on a recent afternoon, but the giant turbines at the Huitengxile Wind Power Field were spinning steadily. This facility, 200 miles northwest of Beijing, has 550 turbines churning out enough juice to power a small city, and inside a monitoring station, plant manager Zhang Jianjun points to a wall chart showing the 11 different suppliers of the high-tech windmills. Four are Chinese companies, but when Zhang is asked to pick his favorite, his nationalism is trumped by a desire for quality. "General Electric," he says, citing its reliability. "I'm excited when all of the turbines are working."

GE's roots lie in Thomas Edison's Menlo Park lab, the site of some of the most significant innovation in our history. Today millions of Edison's spiritual descendants—engineers, geneticists, programmers, entrepreneurs—are toiling in basic research across the country. But amid a profound economic slowdown, Americans have real doubts about their ability to maintain their edge in innovation, even as they agree that technological innovation is more important than ever.

The Decline of Western Innovation - Why America is falling behind and how to fix it.