Combing the World in Search of Start-up Talent
Our new generation of entrepreneurs are global in their mindsets. This week, I argue that we should approach innovation in a similar fashion, taking steps to boost R&D and the commercialization of new technologies at home, while at the same time scouring the world to help those with the best innovative ideas, programs and policies that nurture innovation. When the fires burn out and the market bottoms out, it will be the entrepreneurs who seed the new ideas and jobs from the ashes.
Here is the lead:
The Obama Administration last week started a $300 billion bond-buying binge to jump start growth and announced that it will invest $15 billion in lending practices to ease the lending dry up for small businesses. Governments around the world are trying to take such decisive and coordinated action to restore growth through consumer demand and jobs, and heads of state will gather very soon in London in an attempt to demonstrate coordinated definitive leadership to shore up confidence in markets around the world.
Now read the rest.