US's National Innovation Deficit

Though Ms. Estrin, the former chief technology officer of Cisco Systems, generally is not an alarmist, she has become more and more concerned about the state of her country and its innovation. Vint Cerf agrees: “There is a remarkable telescoping in of vision and an unwillingness to make long-term bets,” and Robert Compton, a venture capitalist and entrepreneur, feels that the United States is losing its innovation edge to China and India.

Read Another Voice Warns of an Innovation Slowdown.