Interesting analysis on why America needs to innovate, quickly : http://www.minyanville.com/articles/economy-innovatation-jobs-unemployment-graduates-PhDs-students-xerox-microsoft-bell+labs-ibm/index/a/26717/from/yahoo
"The future of America is presently in peril, not just because of the
shadowy ways of the "banksters," but because of a sputtering innovation
engine that's had the fuel choked off"...
And this article in New York Times by Dick Brass who was a Microsoft VP around 2004: http://www.nytimes.com/2010/02/04/opinion/04brass.html on Microsoft's creative distruction:
"But the much more important question is why Microsoft, America’s most
famous and prosperous technology company, no longer brings us the future"...
"No one in his right mind should wish Microsoft failure. And yet it is failing, even as it reports record earnings."
"Microsoft has become a clumsy, uncompetitive innovator. Its products
are lampooned, often unfairly but sometimes with good reason."
"Microsoft is no longer considered the cool or cutting-edge place to
work. There has been a steady exit of its best and brightest."