It's a failure of our innovation ecosystem and what I describe in my remarks as science and technology architecture that is not adapted to the modern world.
Think about innovation as a continuum. You start with talent—people—research and commercialization. At the end, you need someone to buy the services or product, right? We've been good at focusing at the beginning. As you say, we have leading research universities, but we have left the middle and end a bit on their own, hoping that innovation will just happen on its own.
What you see with other countries is that they have been more intentional at focusing public policy in the middle and end points.
