For the past half century, innovation has driven the economic growth that has made the American economy the envy of the world. For most of this period, venture capitalists provided not only the capital that new innovative companies needed, but also the management expertise.
Brian K. Krumm,
Fostering Innovation and Entrepreneurship: Shark Tank Shouldn't be the Model,
70 Ark. L. Rev.
Available at: http://scholarworks.uark.edu/alr/vol70/iss3/2