Today’s Pick: Innovation agendas

Posted by Kathryn @ MaRS, October 23rd, 2008

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

Professors without patents: The unexpected entrepreneurs? (4)
  • keridamen: The chart actually divides up the 1714 businesses that were started by discipline. So there may be roughly...
  • keridamen: The chart actually divides up the 1714 businesses that were started by discipline. So there may be roughly...
  • Tim Tang: And to cover those who have succeeded without patents…it's because the free market determine...
  • J Nicholas Gross: I don't read the chart anything like you do.From this graph it appears that of roughly 650...
New distribution channels for the new economy (2)
  • Katherine Roos: Great article. Community commerce is driving the entrepreneurial boom in Toronto!