Government Assessment of Innovation Shouldn’t Differ for Tech Companies
Of Interest 2016-10-31
Summary:
Location
United States
See map: Google Maps
Author(s):
Bryant Walker Smith
Publication Date:
October 24, 2016
Publication Type:
Other Writing
At the outset, it's not clear to me what Silicon Valley is and isn't — or why that matters. Companies like Google are often contrasted with companies like General Motors, and yet, according to an automotive industry group, automakers spend over $100 billion every year on research and development worldwide. R&D is a form of tech innovation. Energy companies, pharmaceutical firms and financial institutions are also technological powerhouses. Innovation is central to telecommunications, defense and health care.