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Trends in the Innovation Ecosystem Can Past Successes Help Inform Future Strategies? Summary of Two Workshops (2013) / Chapter Skim
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3 Differences Among Technologies
Pages 11-16

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From page 11...
... Innovators in information technology, biotechnology, and energy technologies, which were the three sectors discussed in detail at the California workshop, face very different circumstances with regard to such factors as financial demands, time to product, and intellectual property protection. These differences call for nuanced policy approaches, as described in the final chapter of this workshop summary.
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From page 12...
... . .You would have a far inferior research environment if you shut down the free exchange of ideas." BIOTECHNOLOGY AND MEDICAL TECHNOLOGIES In contrast to the information technology sector, which remains a hotbed of innovation, the innovation model in the life sciences is "deeply broken," according to Hennessy.
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From page 13...
... The money needed to fund a startup information technology company can be barely enough to rent laboratory space for a biotechnology company. And the development of a product can take longer than venture capitalists or other sources of support may be willing to wait.
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From page 14...
... He began talking with venture capitalists and eventually co-founded the company Amprius, which has been working to build batteries that use nanowires to yield greatly expanded capacity and recharging capabilities. Battery technologies face some of the same problems as technologies in the life sciences, Cui observed.
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From page 15...
... In addition, private sector employment has recovered from the recession that started in 2008 at about the same pace as after previous recessions, but public sector employment has lagged. Technology also may be having an impact on the growing economic inequality in industrialized countries, Mowery said.
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  • capital undergoes
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  • biotechnology company
  • property protection
  • physical limitations

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  • computer companies
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  • displacing employment


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