John Byrne interviews BusinessWeek Chief Economist Michael Mandel about this week's Cover Story on how innovation economics can help boost growth
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Guest says
Excellent podcast. U.S. Innovation Strangled By Little Known RegulationsInnovation - Regulatory Road Kill ? (www.hallingblog.com/2009/05/26/innovation-regulatory-road-kill/) This article describes how the prolific innovation of the 90s in the U.S. has given way to stagnation. The U.S. is experiencing a brain drain, and the venture capital model is dying. This decay in U.S. innovation is due to little known regulations that have attacked the three pillars of innovative start-up companies: 1) intellectual capital, 2) financial capital, and 3) human capital. Changes to our patent laws have limited ownership of intellectual capital. Sarbanes Oxley has limited access to financial capital and the FASB rules on stock options have limited access to human capital.Reply+0-0
Excellent podcast. U.S. Innovation Strangled By Little Known RegulationsInnovation - Regulatory Road Kill ? (www.hallingblog.com/2009/05/26/innovation-regulatory-road-kill/) This article describes how the prolific innovation of the 90s in the U.S. has given way to stagnation. The U.S. is experiencing a brain drain, and the venture capital model is dying. This decay in U.S. innovation is due to little known regulations that have attacked the three pillars of innovative start-up companies: 1) intellectual capital, 2) financial capital, and 3) human capital. Changes to our patent laws have limited ownership of intellectual capital. Sarbanes Oxley has limited access to financial capital and the FASB rules on stock options have limited access to human capital.
