Wednesday, June 10, 2009

The Failed Promise of Innovation in the U.S. - BusinessWeek

The Failed Promise of Innovation in the U.S. - BusinessWeek: "there's growing evidence that the innovation shortfall of the past decade is not only real but may also have contributed to today's financial crisis. Think back to 1998, the early days of the dot-com bubble. At the time, the news was filled with reports of startling breakthroughs in science and medicine, from new cancer treatments and gene therapies that promised to cure intractable diseases to high-speed satellite Internet, cars powered by fuel cells, micromachines on chips, and even cloning."

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