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TUESDAY, NOVEMBER 24, 2009

Yogen: Well, innovation is something that is critical for the survival of not only Silicon Valley but also I would say, inevitably the American economy and so the worry that Judy has trailed in her recent book is expressing through interviews with a number of innovators is that we continue to feed the goose that’s laying the golden egg.

That is we have to construct mechanisms to enable innovation to survive. Otherwise, people look for short term gains and profits and don’t spend their careers building truly innovative technologies.

So we have to construct a mechanism by which researchers at the greatest Universities are given the freedom to doing the research. When you think about all the stuff we have today, it was done by researchers funded by DOWPA, NSF, at the research labs that I worked with at for years in the ‘70s before any of this really came in to public attention. And siting Judy is basically creating a “call of to action” that govts, Universities, Presidents and that corporations should pay attention to innovation long term and innovation across all disciplines, just not the discipline that’s core to their business needs.

Kamla: Tune back in for Part 2 of our conversation with Yogen. This is Kamla Bhatt. This interview was brought to you in association with Live Mint Radio and as always, thank you for tuning in.

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Shashank Said:


I couldn't agree more with Yogen's comment that the true magic of Silicon Valley lies in its acceptance of failure. It is one of the few places in the world, where you're encouraged to fail and learn, and then succeed. It's what makes people resilient and they never stop trying! Can you imagine...if Bill Gates was born in a traditional Indian household, he would have never dropped out, probably would have gotten a PhD in Engineering, married a good girl, and Microsoft probably would have never been created. Only in Silicon Valley could he do that.

Posted On 11/22/2008 9:40:14 PM