innovation economy
The VC drain: Yes, we're a big importer of capital too

www.geekwire.com
At the Technology Alliance annual luncheon this week in downtown Seattle, industry leaders lamented the sad state of the educational system. Zillow co-founder Rich Barton and Apex Learning CEO Cheryl Vedoe spoke in detail about how Washington state isn’t doing a good job of educating our own students, relying on “imported”...
Outgoing FCC chair: Wireless dominance by AT&T and Verizon a "very bad thing"
arstechnica.com
Julius Genachowski, the outgoing chairman of the Federal Communications Commission (FCC) today touted his agency's record in promoting wireless competition over the last four years. And he warned that allowing AT&T and Verizon Wireless, the market leaders, to snap up all of the spectrum in an upcoming wireless auction...

One Way For Cleantech To Survive Climate Change Denial: Talk Instead About "Innovation Economy"
pandodaily.com
Climate change will continue to be a sticking point in this election, but Democratic politicians plan to advance clean tech issues by talking instead about an “innovation economy” that will create jobs and fuel economic development. In a wide-ranging discussion on new energy hosted by Google at the Democratic National...

So long, Julius: FCC chair lauded by industry, blasted by activists
arstechnica.com
FCC Chairman Julius Genachowski in November 2010 at the Web 2.0 Summit in San Francisco. JD Lasica Federal Communications Commission Chairman Julius Genachowski today said he will leave the agency in the coming weeks, four years after being appointed by President Obama. At an all-hands meeting of FCC staff,...

Attention politicians: For every ‘prison-wage’ job shipped to Shenzhen, the App Economy has created a healthy job in the US
9to5mac.com
American politicians are in a hullabaloo over the 500,000 Foxconn prison-wage jobs in China that they claim could be stationed in the United States, but no one seems to pay attention to the booming “App Economy” that created roughly the same amount of decent jobs stateside. Both sides of...
Attention politicians: For every ‘prison-wage’ job shipped to Shenzhen, the App Economy has created a healthy job in the US

Obama: American investment in the Internet allowed Facebook, Google and Microsoft to thrive
www.geekwire.com
President Barack Obama cruised into Seattle Thursday as part of his 2012 campaign, touting everything from jobs to foreign policy to immigration reform to his stance on gay marriage. Obama presented himself as a unifier at a time that the country is deeply divided. To make his point, the...

US regulators clear Verizon's $3.6B purchase of 122 wireless licenses
thenextweb.com
After an 8 month wait, the US Federal Communications Commission (FCC) and Department of Justice (DoJ) have today cleared Verizon’s $3.6 billion purchase of 122 advanced wireless services licenses from cable giant Comcast, Time Warner Cable and Bright House Networks. In a statement, the FCC’s Chairman Julius Genachowski explains that because Verizon...

Marc Andreessen Speaks With William Janeway To Discuss Capitalism In A World Driven By Innovation
techcrunch.com
This evening at Andreessen Horowitz‘s offices in Menlo Park, founding partner Marc Andreessen sat down with William Janeway, recent author, to discuss “Capitalism in the Innovation Economy.” Janeway is a well-known investor, and theorist in the investment and software world. It’s a very small event, but the conversation is lively....
Why Britain needs an innovation economy
www.guardian.co.uk
Radical thinking is needed if UK industry is to seize the opportunities provided by technological changeSomething is stirring in the boardrooms of British industry. You heard it at Davos. Peter Mandelson is onto it, and last week Vince Cable joined in. The scale of the structural economic crisis facing the...
SHIELD Act Targeting Patent Trolls Re-Introduced; It's A Step In The Right Direction, But Just A Small One
www.techdirt.com
As expected, the SHIELD Act, which would allow those sued by patent trolls over bogus patents to seek legal fees, has been reintroduced in Congress. As I said when the bill was originally introduced, I think it's a good thing, though just a very, very small step towards dealing with...
SHIELD Act Targeting Patent Trolls Re-Introduced; It's A Step In The Right Direction, But Just A Small One

Ecosystem + Incubator = Startup "Ecobator" NestGSV
www.readwriteweb.com
Startup accelerators are great, as far as they go. The problem is that, after startups enjoy several months of pedal-to-the-metal support and mentorship, the vast majority of them exit the programs and hit a brick wall. The cheerleading stops, venture funding never materializes and the founders go back to writing...

Google's Creative Destruction
www.fastcompany.com
Venture-capital firms have been the engine of the United States’ innovation economy. At Google Ventures, the search giant’s investing arm, Google thinks it can build a better one.Google Ventures managing partner Bill Maris in the future home of his Startup Lab, one of the keys to his investing strategy. |...

TechNet, Microsoft, CISPA: Oh my! The current cybersecurity muddle hearkens to the early days of SOPA
thenextweb.com
Are Microsoft, Apple, and a number of other technology companies that you know by name in favor of the Cyber Intelligence Sharing and Protection Act, better known as CISPA? You wouldn’t know it by viewing the bill’s page listing letters of support from companies and organisations, but that frankly might not mean much. Today...
TechNet, Microsoft, CISPA: Oh my! The current cybersecurity muddle hearkens to the early days of SOPA
Nathan Myhrvold's Delusions: Patent Wars 'Vindicate' The Importance Of Patents
www.techdirt.com
Nathan Myhrvold, the founder of the world's largest patent troll, Intellectual Ventures, has been known to make ridiculous statements concerning patents in the past, but he's at it again. He's now claiming that the concerns and complaints about how patents hinder innovation are really just a vindication of his efforts....
At Senate hearing, FTC and DoJ argue that import bans over FRAND patents must be an exception
www.fosspatents.com
Six United States senators recently wrote to the ITC to express concern over Motorola Mobility's pursuit of ITC import bans over standard-essential patents -- and not just over what the Google subsidiary is doing but over the wider issue. Today the Judiciary Committee of the Senate held a one-hour hearing...

FCC Chairman Julius Genachowski confirms departure
gigaom.com
Julius Genachowski said on Friday he would step down as chairman of the Federal Communications Commission, confirming press reports Thursday of his planned resignation. An FCC statement said he would depart in “coming weeks” even though his term expires this year. President Obama nominated Genachowski to the commission in 2009,...
Some Thoughts On An Innovation Agenda
www.techdirt.com
Over the past few weeks we've been running this little experiment with Darrell West of the Governance Studies program of the Brookings Institution to crowdsource ideas, feedback and insights into how the federal government can go about promoting an innovation economy. I wanted to use this Labor Day "off-day" to...

Our innovation economy won't grow until we fix the broken IPO market
gigaom.com
It’s been 12 years since the internet bubble burst, and in the ensuing fallout, it has become apparent that the IPO market has been fundamentally damaged. Thanks to a lack of national confidence and lingering fears and confusion about the potential risks of IPOs, far too many good companies –...

Keen On… Carl Bass: Why Autodesk Remains “Incredibly Relevant” [TCTV]
techcrunch.com
It’s not just start-ups that radically innovate. Take, for example, Autodesk, the 3D design, engineering and entertainment software giant that, according to its President and CEO Carl Bass, continues to be “incredibly relevant” in the innovation economy. “The most creative people use our tools,” Bass told me about popular...

San Francisco Mayer Just Sent This Tweet To Apple About It's Green Products 'Mistake' (AAPL)
www.businessinsider.com
San Francisco Mayor Edwin Lee is happy that Apple changed its mind about building green products that confirm to a government standard. The City was so miffed over Apple's decision to ditch the EPEAT standard that it banned the purchase of any more Apple computers by all of its agencies....

Patent office snubs Seattle, picks Silicon Valley, Denver and Dallas for new branches
www.geekwire.com
USPTO director David Kappos speaking at the University of Washington. Photo: Debbie Woo First, we lost our bid to win one of the NASA Space Shuttles (though we did pick up the consolation prize delivered this weekend). Now, another federal agency is snubbing Seattle. The U.S. Patent and Trademark Office today...
A Patent Troll By Any Other Name Still Stinks
readwrite.com
On the Internet, nobody really likes to be called a troll. Especially the people who absolutely know they are trolls. It is a derogatory term meant to denigrate somebody who is deliberately provocative to produce the maximum amount of disruption to other parties' goals. We think of trolls as people...

Startups: The 8 Missions That Should Dominate Obama's Technology Agenda
www.wired.com
Kevin Hartz, CEO of Eventbrite, thinks President Obama should focus on immigration reform. Photo: Jon Snyder/Wired Now that the election is over, we hit up some of the smartest, hungriest folks in tech to get their wishlist for the next four years with Obama running the show. From immigration reform...

Uber Gets The Green Light In Boston, With Support From The Massachusetts Governor's Office
techcrunch.com
Yesterday, we reported that Uber had came under fire from the Division of Standards of the Commonwealth of Massachusetts, receiving a cease and desist letter that sought to shut down its operations in the Greater Boston area. The issue has since been resolved, with an amended decision saying Uber was...

Keen On… Beth Comstock: Why GE Might Be The World’s Oldest Start-Up [TCTV]
techcrunch.com
I have to confess that when I think about GE, the first thing that comes to mind isn’t radical innovation. But, as usual, I might be wrong. As GE’s Chief Marketing Officer, Beth Comstock, told me when we met at The Economist‘s stimulating Innovation event last week, GE is actually...

Apple publishes recommendations on tax reform ahead of Senate hearing on offshore tax practice
9to5mac.com
Apple today has published its testimony proposing corporate tax reform and detailing the company’s tax practices ahead of CEO Tim Cook’s appearance at a Senate hearing on offshore tax practices scheduled for tomorrow. In the testimony, Apple proposed what it called comprehensive corporate tax reform that should: Be revenue...

A 6-year-old’s pitch; an app to save your marriage; and other comments of the week
www.geekwire.com
Ashwin Gowland The best comments, quotes, and random zingers we heard this week… “Feature request: Deduct points points when phone is thrown across room.”–GeekWire reader Jay Force commenting on Kouply, a new mobile app that awards points to couples for positive behavior, such as cleaning the dishes or vacuuming the...

Is XBRL The Key To Escaping Small Cap Hell?
www.readwriteweb.com
Small cap hell is where you end up in about six months after your IPO, when all the high fives and champagne have receded into a distant memory. Unless your company is big enough. How big is big enough? According to Investopedia, small cap refers to companies with "a market...

JANEWAY: A Healthy Economy Requires Lots Of Government Waste And Bubbles
www.businessinsider.com
In his new book, "Doing Capitalism in the Innovation Economy: Markets, Speculation and the State," Warburg Pincus partner Bill Janeway explains what the economy really needs: wasteful spending from the goverment and bubbles. <div>Please enable Javascript to watch this video</div> Produced by Business Insider VideoSEE ALSO: This Solar-Powered Airplane Can Revolutionize...

Facebook's IPO casts a long shadow over Silicon Valley, survey shows
venturebeat.com
Bubble — what bubble? For all the talk of a funding boom, Bay Area investors are plagued with doubts this summer due to Facebook’s disappointing IPO and the deepening debt crisis in Europe. The results of the quarterly Silicon Valley Venture Capital Confidence Index, released today, shows declining confidence...
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