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For example, I've recently taken on the role of Chair of Judges for the Royal Academy of Engineering MacRobert Award, which is widely recognised as the UK's premier innovation prize.
But, if the premier innovation engine in the world is indeed running on exits, what does that mean for startup scenes that don't have such a well-established investment hierarchy or potential acquirers, and possibly never will?
Telecommunications of the United States is a premier innovation in the past 15 years, comes right through the Commerce committee, so you're looking at the miracle John McCain helped create and that's what he did".
"He did this," he stated, "Telecommunications of the United States is a premier innovation in the past 15 years - comes right through the Commerce Committee [which McCain chaired] - so you're looking at the miracle John McCain helped create and that's what he did".
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IDEO.org — a nonprofit spinoff of the premier design and innovation firm IDEO — has made radical listening its hallmark; IDEO.org associates observe and grill would-be clients and sites with so much rigor that they could easily be mistaken for anthropologists.
Take the Transamerica Premier Small Company Innovation Fund (TPSCX).
"We need to emancipate our minds and boldly make breakthroughs and innovations," Premier Wen Jiabao told the annual gathering of China's nearly 3000 appointed legislators.
The goal is to make America the premier place to innovate and invest in innovation to create high-paying jobs.
Now, as China tries to shift towards more innovation, its Premier Li Keqiang has been encouraging "grassroots entrepreneurship".
Today, he says of San Diego, "We have a chance to become the premier region in the country for innovation".
Silicon Valley, which also traces its roots back to publicly funded military and research projects, took several decades to evolve into its current form as the premier global site for private-sector innovation.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com