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President Obama tours Cree, Inc., a manufacturer of energy efficient LED lighting, in North Carolina on June 13. Economists believe the innovation of new technology would create jobs and boost the economy.

In a sluggish economy with slow growth and high unemployment, innovation may be part of the solution.

Tom Clement is just the sort of entrepreneur the U.S. needs to propel the economy. He loves brainstorming and developing new ideas and turning them into products and companies.

Back in the mid-1980s, he climbed Mount Everest. When his friends asked if he was frightened, he told them no, just excited. Clement says starting a new business is a lot like scaling mountains .

"It's that same sense of just being out there, putting yourself out there — that part of you that wants to take a risk, that enjoys that feeling of uncertainty and needing to figure things out as you go," he says.

 

To read the full, original article click on this link: Renewed Emphasis On Innovation Could Boost U.S. Economy : NPR

Author: WENDY KAUFMAN