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Instituting a New Way to Fund Innovation

With the venture capital and corporate models of tech and biotech funding crumbling under the weight of the financial crisis, Duane Roth is proposing that another group step up to the plate to fund innovation — the United States taxpayers.

Roth, the CEO of Connect, a local tech and biotech industry association, has for awhile been talking about coming up with a new solution for broken funding models. On Friday he gave Xconomy’s Bruce Bigelow some specifics.

DAVID WASHBURN

Full Story: http://www.voiceofsandiego.org/articles/2009/08/24/this_just_in/687roth082409.txt

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