Comments on: Lisacast airs early this week http://lisacast.com/2007/06/02/lisacast-airs-early-this-week/ Lisa Padilla's Blog and Podcast on Media, Technology, and Culture Thu, 11 Aug 2011 18:34:18 +0000 hourly 1 http://wordpress.com/ By: Jan Sandred http://lisacast.com/2007/06/02/lisacast-airs-early-this-week/#comment-9 Wed, 06 Jun 2007 02:49:02 +0000 http://lisacast.wordpress.com/2007/06/02/lisacast-airs-early-this-week/#comment-9 In general I think there is a resistance to “governance” in the US (and especially CA), despite government introduced initiatives/incentives like Arpanet, NASA, and SBIR to create growth and innovations. In the U.S. I often face the term “innovation network” or “ecosystem” – the market should take care if it. While we in Sweden use the term “innovation systems” or “cluster”, which implicate the active role of government.

Our findings at VINNOVA show that “the market” is imperfect. The distance between the concept and a company is long and winding. From a policy perspective VINNOVA’s concern is that there is a widening and deepening gap between federally/state funded long-range basic research and industry financed product development. We believe that good policy and programs can help bridge the market failures. For example the lack of early-stage financing, no matter how promising the new firms are. Or to get the firms out on the IPO market when the current financial markets only present sobering valuations and a growing illiquidity.

The government has a role to fix the market gaps, and to take measures.

]]> By: Interviewed via BlogTalkRadio « Thomas J. Buckholtz http://lisacast.com/2007/06/02/lisacast-airs-early-this-week/#comment-7 Sat, 02 Jun 2007 22:56:51 +0000 http://lisacast.wordpress.com/2007/06/02/lisacast-airs-early-this-week/#comment-7 [...] [5] http://lisacast.wordpress.com/2007/06/02/lisacast-airs-early-this-week/ [...]

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