Over the past two decades economic growth in the U.S. has been a direct result of the investment in research development. This investment supports the creative talent to exercise intellectual  curiosity to identify new frontiers in science and engineering. This results in new platforms for economic growth. However, mere discoveries in science and engineering is not enough to support economic development. It takes innovation and entrepreneurship to move ideas forward to create products and services to improve the quality of life for the society and also support economic growth. Small entrepreneurial start-ups play an important role in the process. This presentation will cover this paradigm and the associated opportunities and challenges.

The nexus of innovation and entrepreneurship

246th National Meeting (2013)

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