Very briefly, I think the role of government is not to try to pick sectors and solve all the problems. It is to incentivize those people who are already risking dollars and mentoring these companies. Government should never, in my understanding, be a substitute for encouraging serial entrepreneurs and angel investors to get involved, roll up their sleeves, and do it. Andy has a couple of tax recommendations and whatever, which we support, which would help attract many more people to this field in terms of helping to commercialize innovation.
On May 15th, 2008. See this statement in context.