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It seems like a really difficult time to be an entrepreneurial innovator in America. The venture capital industry has grown risk averse, and angels are only half-heartedly stepping into the breach. Crowdfunding may help, but this has its own risks. Meanwhile, entrepreneurs in Europe are getting lots of support from industrial policy—and that’s not to mention China’s lavish government-led push for “indigenous innovation”.

To read the full, original article click on this link: Innovation Works Best When Government Does Least - Forbes