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But there is a crisis of innovation. The hyperloop is not a good example of it, because all the reasons abalone mentions. Two examples: 1.Talk to people in th
by hershel 13y ago
But there is a crisis of innovation. The hyperloop is not a good example of it, because all the reasons abalone mentions.
Two examples:
1.Talk to people in the medical device community. There are plenty of good ideas , but they are hard to build and it's hard to raise money.[2]
2.Robotics: VC investments totaled in only $190 million in 2012[1] for a technology that is quite highly developed.
[1]http://www.hizook.com/blog/2013/06/10/venture-capital-vc-funding-robotics-2012 http://www.hizook.com/blog/2013/06/10/venture-capital-vc-fun...
[2]This is partly due to the difficulty of writing software in this highly regulated environment. Seems like some pre approved platform should help here.
- wslh 13y agoI think the root cause of the problem is that innovative projects/companies don't have marketing/sales skills. There are a lot of innovation in the world and in US in particular but it's difficult to plug into the business world.
- ThomPete 13y agoMedical world is troubled with legislation issues not innovation issues. The robotics world is getting there but it's hardware so it takes longer and is more risky and with less room for pivots.
- hershel 13y agoEven with the tight regulation(some of it surely needed and not just bureaucracy ), given more funding you'll see more profitable innovation. But sure, legislation could help immensely.