Today’s Pick: Innovation agendas

Posted by Kathryn @ MaRS, October 23rd, 2008

No tags for this post.
Super Tuesday feels like a long time ago.

Super Tuesday feels like a long time ago.

This week I got my very official looking absentee ballot for the upcoming US elections.

Jeff blogged last week about the absence of science and technology from the Canadian federal election.

In the US, however, presidential candidates Barack Obama and John McCain are campaigning amid spiraling deficits, crumbling infrastructure and a gathering sense of national enervation.   Both candidates have incorporated calls for renewed investment in American science, technology and innovation into their platforms.

As election day draws nearer, The New York Times provides a handy chart comparing the candidates’ goals, policies and positions in this crucial area, while an accompanying article explores their positions in more detail.

My  ballot is going in the mail today — two weeks and counting till November 4!



Discussion

  • Dan
    The problem is that everything that the government proposes will cost money. This money is sourced as deficit spending. The financial system based on debt economics will soon exceed it's ability to support the debt. As such, Government and Wall Street no longer have the tools that they need for innovation.

    Debt is simply a promise to pay with future productivity and innovation increases productivity. Innovation today is needed to pay for debt tomorrow. We are going about our business as if economic growth precedes technological change. We have it backwards. Technological change must precede economic growth. So we need a new system and guess what, government and Wall Street are not going to source the new system.

    The Ingenesist Project (www.ingenesist.com) specifies 3 web applications which if developed and applied to social networks will allow intellectual capital, social capital, and creative capital to become tangible outside the construct of Wall Street or the Government. Once this happens, we'll be free from the shackles of debt economics.

    The solution is right under our noses.
blog comments powered by Disqus

Popular Tags

Author: Kathryn Fitzgerald

Kathryn provides market intelligence services to MaRS Advisory Services clients and to The Innovations Group at the University of Toronto. She is a graduate of the University of Toronto's Faculty of Information.

Read Up

Open access for international investors: More… (1)
  • vancouverjay: Looks as though our government has seen the light at last. Although it's quite sad, that it took...
Ontario takes charge at the Cleantech Forum, leaving others green (with envy) (1)
  • Copywryter: This is an excellent post, Kevin. The fact that cleantech companies need help in order to cross their...
Green Energy Act Finance Forum: Taking cleantech to Bay Street (2) Social Entrepreneurship: Can “Lawyers Without Borders” help with funding? (1)
  • brianhowe: Hi Kerri,I've been waiting and hoping for something like this! I'm a brand new startup attorney...
The rise of the social enterprise (3)

MaRS on the web