Another Thought On Start-Ups

An interesting blog entry caught my eye this morning on the impact of start-ups on jobs and by default, industry. (see here) The author points out that start-ups are not the panecea for economic growth (or by default, recovery) given their inefficient use of capital and other resources and how government involvement will spur a rush of companies into a segment that simply cannot support them.

That's not to say that start-ups are not a viable concept by any means but when we consider all of the money that has been thrown at printed, organic and thin-film electronics markets by government agencies, just how far have we collectively come?

As an aside, last month we were approached by a company who would be classified as a start-up that was looking for assistance in advancing their manufacturing operations. They were going to be relying upon an EU grant in order to become the next "(name deleted)". The market doesn't need another company to offer the technology but regardless, the firm was in line for several million Euros so why not take the chance? After all, it isn't as if the business has to succeed......

Especially when the bids are shall we say, rigged?