This quote from Giga might be seen as part of a longer term trend where public officials pay more attention to start up ecology building issues. Get used to the word “incubator”.
Obama also seems keen to mimic the entrepreneurial spirit that has led to Silicon Valley’s role as an incubator of innovation and economic success.
FOLLOW - Cringely offers an interesting post on how Silicon Valley incubation is different than incubation elsewhere. Here is the link. His point is that slowing down the process doesn’t make it less valuable. Point taken. At the same time, the slower incubation period requires a stronger ecology to support people who may not be profitable for some time.