FIGHT LAWS CONTROLLING INFORMATION

Source: SiliconValleyWatcher

Silicon Valley could face additional laws limiting technology innovation unless it gets active in politics and lobbies hard to protect its digital freedoms. That was the view of Joe Kraus, a Silicon Valley veteran and an avid angel investor.

One of the things on Joe's mind is how cleverly Hollywood managed to control innovation. "Hollywood is very good at the political process and it managed to get the digital millennium copyright act passed." This essentially gives Hollywood control over innovation, because it gets to approve appropriate technologies and therefor development.

Silicon Valley companies have traditionally paid scant attention to Washington, and have not learned how to play the lobbying games. While older tech companies like Texas Instruments, Intel, and a few others have large staffs in Washington.D.C, they are still less than equal to a force to be felt.

There is one group shouting against decline of research and innovation in IT Sector and entrepreneur's like Joe have their stand point.

Category:Innovation