When early settlers first laid eyes on the Tall Grass Prairies of Iowa they saw an agricultural potential not found anywhere else in the world. Early entrepreneurs only needed new technologies to unleash the vast potential of our rich soils and favorable weather. Blessed by abundant natural resources, our original innovators bootstrapped their technological way to prosperity.
Ironically, today's entrepreneurs find the business environment far more limiting than their abilities to invent and innovate. Non-monetary factors often are more limiting than the access to capital and the gravitational reality is that money will flow to geographies and sectors that culture innovation.
In an era where the majority of jobs are provided by small businesses, it is surely the role of government to provide enabling environments for entrepreneurs to run their dream to a conclusion. Surely it is sensible for government to replace bureaucratic barriers to progress with partnerships with the private sector to enable startups to survive the "valley of death." Surely it is in the best interest of all citizens to give new ideas a chance to become as iconic as John Deere and Pioneer.
To read the full, original article click on this link: Guest column: With Iowa's help, innovators can pull themselves up by their bootstraps :: dmJuice.com
Author: dr. ted crosbie
