I am always amazed when I see this kind of initiatives. They are well meant and I also think positively about them but why do they most often fail miserably? How comes?

Having the inside experience of government-run agencies, I just think that the main difference is one of timing. Where innovative companies (bio-tech being probably an exception) operate in very short time cycles, government agencies have all the time they want.

2009 anyone? How many start-ups of today will survive till then?

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Venture Capital und Unternehmertum: Selbstzweifel schaden nicht