A good article on job creation and innovation at techcrunch. The author makes many points I have made in the past myself. His closing paragraph is dead on.
Simply put, if we are serious about lifting the economy out of its rut, we need to focus all of our energy on helping entrepreneurs. Provide them with the incentives (tax breaks and seed financing); education; and infrastructure. And gear public policy-like patent-protection laws toward the startups. Let’s not bet on the companies that are too big to fail or too clumsy to innovate.
Please, by all means, read it all.