ENABLING DISPERSED INNOVATION — HOW THE UNITED STATES CAN UTILIZE ITS LONG TAIL OF TALENT

Raja Ramachandran ()
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Raja Ramachandran: Intel Capital, 2200 Mission College Blvd, MS RN6-37, Santa Clara, CA 95054, USA

International Journal of Innovation and Technology Management (IJITM), 2012, vol. 09, issue 01, 1-23

Abstract: The United States, having enjoyed nearly half a century of technology leadership, today faces a number of challenges in maintaining its innovation advantage. These include: (1) Declining science and engineering talent pipeline, (2) increased global competition, (3) rigidity of the venture capital model, and (4) saturation of key technology centers. In a period where all Science Engineering (S&E) talent is not necessarily deployed to S&E occupations due to other opportunities or geographical challenges, "Dispersed Innovation," the idea of a location independent model to achieve higher technical utilization of American S&E talent is a proposed solution which consists of four key components: (1) Build out of advanced transportation networks, (2) increased use of collaboration tools, (3) cultural acceptance of entrepreneurship, and (4) increased funding options and models.

Keywords: Dispersed innovation; venture capital; cost of living; US education; entrepreneurship; technology leadership (search for similar items in EconPapers)
Date: 2012
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DOI: 10.1142/S0219877012500071

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