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	<title>Cientifica Ltd &#187; Umair Haque</title>
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	<description>Taking The Rational View of Nanotechnologies Since 2000</description>
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		<title>A Lazy, Moribund, Oligopolistic Industry Bereft of the Incentive for Innovation</title>
		<link>http://cientifica.eu/blog/2009/01/a-lazy-moribund-oligopolistic-industry-bereft-of-the-incentive-for-innovation/</link>
		<comments>http://cientifica.eu/blog/2009/01/a-lazy-moribund-oligopolistic-industry-bereft-of-the-incentive-for-innovation/#comments</comments>
		<pubDate>Thu, 22 Jan 2009 15:30:30 +0000</pubDate>
		<dc:creator>Tim</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Publications]]></category>
		<category><![CDATA[venture capital]]></category>
		<category><![CDATA[government bailout]]></category>
		<category><![CDATA[innovation]]></category>
		<category><![CDATA[nanotechnologies]]></category>
		<category><![CDATA[obama]]></category>
		<category><![CDATA[Umair Haque]]></category>

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		<description><![CDATA[<p>TNTlog from Cientifica: </p><p>Following on from my previous post, and addressing the thesis that imitation &#8211; not innovation &#8211; is woven into the fabric of the 20th century venture economy, Umair Haque at recently penned a nice article at harvardbusiness.org called &#8220;Asleep at the Wheel of Creative Destruction&#8221; Here&#8217;s the question everyone wants to ask: Q. Why does [...]</p>]]></description>
			<content:encoded><![CDATA[<p>TNTlog from Cientifica: </p><p>Following on from my <a href="http://cientifica.eu/blog/?p=804" target="_blank">previous post</a>, and addressing the thesis that imitation &#8211; not innovation &#8211; is woven into the fabric of the 20th century venture economy, Umair Haque at recently penned a nice article at harvardbusiness.org called &#8220;<a href="http://blogs.harvardbusiness.org/haque/2009/01/asleep_at_the_wheel_of_creativ_1.html" target="_blank">Asleep at the Wheel of Creative Destruction</a>&#8221;</p>
<p>Here&#8217;s the question everyone wants to ask:</p>
<blockquote><p>Q. Why does President Obama have to invest a likely trillion dollars to renew, well, pretty much the entire industrial base of the economy &#8211; to seed new auto, energy healthcare, education, finance, and agricultural industries (to name just a few)?</p>
<p>A. Because today&#8217;s crop of apathetic, risk-averse venture investors <em>didn&#8217;t</em>.</p></blockquote>
<p>Now that a reliable <a href="http://www.dustball.com/cs/plagiarism.checker/" target="_blank">online plagiarism checker</a> is available for theses/reports/homework, perhaps it&#8217;s time to develop one for investment ideas/business plans?</p>
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