The Office of Science and Technology of Boston (MS&T), directed by Antoine Mynard, is closely interested in the issues of innovation, technology transfer and entrepreneurship. It is well-known that in the United States, the financing of innovation is largely private, whereas in France the mechanisms of intervention and accompaniment of innovation belong to both the public and private spheres.
In the United States, investment banks play a very important role, parallel to that of venture capital enterprises and angel investors. The financial crisis of 2008 so impacted the economy of innovation because all aspects of American finance were affected in one way or another.
To read the full, original article click on this link: The impact of investment banks on the American innovation: interview with Dr. John Piret - Consulat Général de France à Boston