Along with Gary Kasparov, the two have written a book, called "The Blueprint: Reviving Innovation, Rediscovering Risk, and Rescuing the Free Market", which is expected to be published in March 2012.
If this diagnosis is correct, advanced countries need to focus on reviving innovation and productivity growth over the medium term, and on realigning welfare promises with revenue capacity, while alleviating the pain of the truly destitute in the short run".
Thiel is also the co-author of a forthcoming book, The Blueprint: Reviving Innovation, Rediscovering Risk, and Rescuing the Free Market, which, according to its Amazon description, demonstrates "that we have become a risk-averse society, hobbled by tort laws and government regulations, short-term financial thinking, and mind-numbing complacency".
But business groups have been encouraged by Theresa May's apparent commitment to reviving investment, innovation and exports with an industrial strategy.
"We have to revive a culture of innovation and repair," he says.
He said he aimed to revive France's economy through innovation, cutting bureaucracy and relaxing still-tough labour laws, as well as raising the defence budget to 2% of GDP, hiring more police officers and increasing education funding.
Judy Estrin, technology and business pioneer and author of the new book Closing the Innovation Gap, will talk about how it is essential to reignite sustainable innovation in business, education and government and what is required of business and national leaders to revive organizational, national and the global Innovation Ecosystem.
The only thing close to a real proposal to revive jobs and incomes is the "innovation economy" that Obama featured in this year's State of the Union address.
I think one could ask nothing more from a collection of stories, and I encourage you to let the history of your lost selves be disturbed and revived by American Innovations.
The aim is the same, but the styles vary.Mr Medvedev calls for innovation and technical modernisation to revive growth.
