Sramana Mitra: Innovation: The Need Of The Hour

Silicon Valley based technology entrepreneur and strategy consultant Sramana Mitra describes the critical importance of innovation to the economy. She makes the compelling case that innovation is the key to building a strong vibrant economy. Through innovation and R and D, at all levels ranging from universities to the smallest companies, entrepreneurs can lead the way to more jobs and wealth for the economy. She describes some of the barriers facing entrepreneurs, and also why the short term thinking of investors must change. She also points out that what she calls social justice for entrepreneurs will transform the economy from Capitalism 1.0 to a stronger and more sustainable Capitalism 2.0.