by Burton W Folsam identifies throughout history, there have been two distinct types of entrepreneurs: political entrepreneurs and market entrepreneurs. Political entrepreneurs seek profits by working with the government to get subsidies, grants, and special privileges. They seek success through political pull. Their focus is on obtaining maximum government subsidies, not on achieving innovation, breakthroughs, economy, and quality. In contrast, market entrepreneurs Bill Gates, Andy Grove, Craig Venter, etc, seek success by producing increasingly improved values, products and services at increasingly lower cost. Rewind back to the 1870s when market entrepreneur James J Hill built his transcontinental railroad company...The Great Northern... to out compete and outshine the heavily govt subsidized shambles perpetrated by political entrepreneurs that headed Union Pacific and California Pacific of that era.

Fast forward to 2007... It's the marrying together of today's entrepreneurs with the state (NIH) to invest every single dollar of public money in innovation. And that initiative has got to be applauded. Who will forget Craig Venter kick starting The Human Genome Project and out competing the NIH before both entities combined to share their skills. And it continues on with Andy Grove. "The faster we turn experiments the faster we achieve the desired results". Andy Grove's videos do not mince words, clearly putting forward a business model for the NIH to adopt. The "Cultural Revolution" has begun.

GO HARD>>>>>>SCIENCE