Ron Palmeri Minor Ventures San Francisco, CA United States Competitiveness, Innovation & Economic Growth OECD World Forum Friday June 29, 2007.

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Presentation transcript:

Ron Palmeri Minor Ventures San Francisco, CA United States Competitiveness, Innovation & Economic Growth OECD World Forum Friday June 29, 2007

Cycle of Creative Destruction Innovation CompetitivenessGrowth

The Internet is the Innovation People Self-organizing Death of Distance Free Unlimited Distribution

Global Internet Use

Open Source v. Microsoft Millions of Developers working together on open source software ~15,000 Microsoft Developer Unfortunately, no good data available!

Impact of Innovation on Incumbent

Venture Capital Investments It takes a lot less money now to start a technology company then ever before “Ebay Inc.'s $2.6 billion acquisition of Internet telephony company Skype Technologies SA stands out. With only $20 million in venture money” ( Again, unfortunately, no good data available!

Conclusion “Model” Broadly Applied…