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Others, like Vietnam, are adopting capitalism and creating industries.
Rather, he told me, "We innovate in the industries where we're good," but are weak in terms of venture capital and creating industries for the future.
Community engagement is not sufficient if they are not creating industries, long-term, that the community can hold on to – past their operations".
The rising worldwide interest in innovation policy represents the search to answer an important question: What is the appropriate government role in creating industries and jobs in today's high-technology, global economy?
The device tax could translate into job losses in one of the country's most innovative, job creating industries.
The implication is clear: the United States must shift away from a "financial" economy to an "innovation" economy, one that focuses on creating industries that produce real innovative products to sell around the world.
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These are patents which are agreed by standards boards to be essential to creating industry standards.
"We've reached the end of incrementalism," he writes sweepingly, "and only those companies that are capable of creating industry revolutions will prosper in the new economy".
Over time, several of these networks will eventually emerge together, thus creating industry leaders with critical mass.
For Facebook, creating industry-standard hardware may be the easiest challenge they have.
Only those companies that are capable of creating industry revolutions will prosper in the new economy.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com