Risk capital is needed to spur innovation

For the past year or so, I have described – bemoaned, really – the challenges our country faces in dealing with a contracting venture capital marketplace (lots of deals, not much capital), a deficit- and a politically informed, reduced federal role in the innovation economy. I think it’s time to take a positive look at the state of innovation in light of a troubled economy, a contentious political landscape, and tight fiscal environment.More

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