Re: Systems of innovation

["Charles Jannuzi" <jannuzi@xxxxxxxxxxxxxxxxxxxxxxxxx>]

> However I certainly believe that it does happen - judging by the rapidity
with
> which successful technology firms in New Zealand have been bought out by
> transnationals as soon as the success became apparent.

What's the basis of their success other than high tech hype? Could you give
one example? And who bought it out? In telecoms there was a period where
stuff just got bought up high prices and all without much real evaluation of
the true value of the acquisition.

I see entities like Carlyle Group going in deep in investments in Japan in
telecoms and internet, and they want to be positioned to profit from further
deregulation and, the holy grail, successful G3 technology.

Charles Jannuzi