‘Innovation Orchards:’ An alternative to federal grants, venture capital
Editor’s note: The new innovation orchard model brings together university, industry, and potentially government partners to provide start-ups with the know-how, access to technology, equipment, and bridge funding to scale up new technologies, says a report from the Information Technology & Innovation Foundation, a non-artisan think tank based in Washington, D.C. WASHINGTON, D.C. – Federal support for R&D has fallen precipitously in recent years as a share of gross domestic product (GDP), and because of this, the United States risks slipping significantly as a global innovation competitor. More federal investment is needed to avoid falling behind. But it will...
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