The United States has invested considerable amounts of taxpayer dollars to try to revive our economy. Too often, though, resulting jobs are being created overseas, as other countries invest in green technology deployment. As a result, the opportunity to improve our economic competitiveness is lost. Targeting our policies to help small U.S. technology producers is essential to keeping these jobs in the United States.
The United States is a leader in the research and development of green technologies, but to translate innovation into products for the market place, small businesses need private capital. Small companies introducing innovative new technology often face long odds in finding sufficient capital to fully develop new products and secure their place in the market. What government can do to help is encourage that private investment. If policies fail to do this, then innovation and jobs will likely go elsewhere.
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