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The Anti-Innovators

How Special Interests Undermine Entrepreneurship

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The Anti-Innovators

By: James Bessen
Narrated by: Kevin Stillwell
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Multibillion-dollar valuations in Silicon Valley have obscured underlying problems in the way the United States develops technology. Government policies increasingly favor powerful interest groups over promising start-ups, stifling technological innovation.

©2015 Foreign Affairs (P)2015 Audible, Inc. Economics
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Profile Image for a lisa

interesting

this is Part 8 of the Foreign Affairs: Schumpeter's Heirs article.
interesting article, especially the points about patents, but i disagree with the idea that policy reform is needed to join commercial work and defence contracting. user privacy, data security, national security are just a few basic things that, in my opinion, require for the separation to exist. commercialising defence technology should be made only after extensive analysis and review of policy and purpose, to not risk national security. a very simple example would be commercialising the latest rocket navigation tech, should anyone be able to purchase it after development? sure, we have the very famous www example, presented here, but civilian users using it was part of the original defence plan, so it’s not really applicable. but the article is well intentioned still, since the legislation around this can bring a lot of overhead, and a desire for reform is understandable.

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