Amar Bhide on Obama’s plan to invest in technology

Columbia professor Amar Bhide spoke with Reuters to talk about President-elect Barack Obama’s plan to invest in new technological innovation. His counter intuitive argument, further developed in his book The Venturesome Economy, is that technology is relatively portable so it does not matter where it is developed–what is truly important is the ability to package new technologies from diverse sources into products that America’s “venturesome consumers” will buy.

The Venturesome Economy also achieved a trifecta of sorts–included in the books of the year round up for The Economist, a review in The Financial Times, and, of course, that fantastic article in the New York Times.