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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 on theme: "Ron Palmeri Minor Ventures San Francisco, CA United States Competitiveness, Innovation & Economic Growth OECD World Forum Friday June 29, 2007."— Presentation transcript:

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

2 Cycle of Creative Destruction Innovation CompetitivenessGrowth

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

4 Global Internet Use http://www.swivel.com/graphs/show/18527080

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

6 Impact of Innovation on Incumbent http://www.swivel.com/graphs/show/18612439

7 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” (http://vcinsights.blogspot.com/2006_10_01_archive.html)http://vcinsights.blogspot.com/2006_10_01_archive.html Again, unfortunately, no good data available!

8 Conclusion “Model” Broadly Applied…


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