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Is the U.S. Killing Its Innovation Machine? - Harvard Business Review - The Diigo Meta page

blogs.harvardbusiness.org/...oring-american-competitiveness - Cached - Annotated View

Rudy Godoy's personal annotations on this page

rudygodoy
Rudygodoy bookmarked on 2009-11-04 hbs innovation research
  • Government-funded basic and applied research at U.S. universities has given rise to multi-billion-dollar industry after multi-billion-dollar industry. It has been one of the pillars of the U.S. high tech sector. But at least in information technology, the model has been seriously weakened by changes that the administration of George W. Bush instituted at the Defense Advanced Research Projects Agency (DARPA), which in the prior 30 years had bankrolled some of the most important advances in IT. Specifically, DARPA under Bush drastically reduced the role of universities in IT research projects it funded and shifted both power and money to companies. If the old DARPA model is not restored, the U.S. lead in IT — especially in software — could be lost
  • many factors gave the U.S. a competitive advantage in the commercialization of emerging technologies. They included: An unrivaled university system A relatively free domestic market that honed the competitive skills of its companies A robust venture capital and IPO market that fueled and then rewarded winners Clusters.
  • Look at Amazon, whose CEO, Jeff Bezos, has a degree in computer science and electrical engineering from Princeton. Maybe the Kindle e-reader isn't a big stretch for a company that sells books, but Amazon's push into "cloud," or utility, computing certainly is. I believe that cloud computing, which promises to make it possible for companies to outsource their data centers, is going to be a transformative force in the IT industry. It is a fairly visionary for a bookselling company to be a leader of this new movement.
  • We need business leaders who have a respect for technical issues even if they don't have technical backgrounds.
  • The U.S. retains significant shares of global markets for high-tech products and services.
  • Thus, in IT, controlling demand for key technologies has proven far more valuable than attempting to control their supply

This link has been bookmarked by 1 people . It was first bookmarked on 04 Nov 2009, by Rudy Godoy.

  • 04 Nov 09
    rudygodoy
    Rudy Godoy

    hbs innovation research

    • Government-funded basic and applied research at U.S. universities has given rise to multi-billion-dollar industry after multi-billion-dollar industry. It has been one of the pillars of the U.S. high tech sector. But at least in information technology, the model has been seriously weakened by changes that the administration of George W. Bush instituted at the Defense Advanced Research Projects Agency (DARPA), which in the prior 30 years had bankrolled some of the most important advances in IT. Specifically, DARPA under Bush drastically reduced the role of universities in IT research projects it funded and shifted both power and money to companies. If the old DARPA model is not restored, the U.S. lead in IT — especially in software — could be lost
    • many factors gave the U.S. a competitive advantage in the commercialization of emerging technologies. They included: An unrivaled university system A relatively free domestic market that honed the competitive skills of its companies A robust venture capital and IPO market that fueled and then rewarded winners Clusters.
    • 4 more annotations...

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