posted on Feb, 25 2014 @ 10:19 AM
reply to post by mrsdudara
I doubt its that bad, as you describe it. I do not know the exact working process of the manufacturing hubs, although getting different companies
together working on something can lead to very good results. I believe in many fields, changing the patent system, as well as making the research of
private companies more transparent would lead to faster progress. Seeing what has been done elsewhere and comparing it to how you were doing, can open
up brilliant ideas. Currently most of the private companies research is hidden.
I personally would see something as start-up hubs as more effective. These would also involve public, as well as private institutions, although these
would be directed towards young entrepreneurs.
Starting a new product is incredibly tough, especially nowadays. Unless you are from a very rich family or in a university, it can be next to
impossible to create a tech prototype (unless computer-based - app/program). 100 years ago, creating something new was easier, nowadays research tools
and equipment necessary to produce and test the prototype could cost millions alone. That is why such start-up hubs could help the manufacturing, as
well as innovation a lot, giving the starters necessary contacts and advice from specialists, equipment enabling them to test their products,
materials. Such start-up hubs have proven to be incredibly successful in every country, I´ve heard of such term, uplifiting the start-up culture of
the nation. The small businesses as well as start ups are the backbone of strong economy. The problem in US currently lies in the power of
corporations, small businesses in most fields are simply not able to even compete against big companies. Enabling, making it easier for youth with
great ideas, whatever their official education or financial status, to try these out is something that could help the nation a lot long-term.