American Innovation In Crisis
Venture capitalist Pascal Levensohn this morning gave a keynote speech at the Cybersecurity Applications and Technologies Conference for Homeland Security (CATCH), delivering the message that U.S. innovation and entrepreneurship, the crucial growth engines of the U.S. economy, are at risk of stalling out. What follows is the text of his prepared remarks: I’d like to thank Doug Maughan and DHS for their gracious invitation to address this gathering of distinguished technology entrepreneurs who are focusing their talents on protecting the security of our nation’s critical infrastructure. “Crisis” seems to be the common thread in everything we see on television or read in the popular media. I do not use the words “American Innovation in Crisis” lightly. As a venture capitalist, an entrepreneur, and an American, I am very concerned about the state of innovation in our country today. I believe that we need to be proactive in addressing the innovation crisis because the consequences for the future of our country are simply unacceptable if we don’t.
