Business Week Report on “Radical Future of R&D” Misses Critical Capital Markets Link in Innovation Ecosystem
Pascal's View
SEPTEMBER 7, 2009
capital markets are essential and intimately linked to new funding commitments to basic scientific research. But from 2000 to the end of 2007, the rate plunged to 900,000 a year. Now, the mistake: “Venture capitalists are sitting on plenty of cash and are good at bringing startups to the market. In the 1990s the U.S.
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