Black Holes of Innovation

In Innovation Excellence:  Some cautionary thoughts about black holes of innovation.  " ... Over the past few years, companies let go large numbers of research scientists, middle management and other staff.   It made the balance sheets look rosier, which combined with hundreds of billions of dollars in quantitative easing, that is cheap money, has resulted in companies with trillions of dollars of ready-to-spend cash on the books today. However, they did not invest in innovation, like Black Holes little or no capital emitted from these companies; instead, they sucked in all the smaller profitable companies within range. It may cheer investors and stockbrokers, but it left entrepreneurs and promising early start-ups without funds to develop their companies. It has to change. ... "