(1888PressRelease)
January 08, 2009 - Raleigh, NC. Business Xpansion, the nation’s leading industrial relocation and economic development journal, published Innovative Opportunities: Obama's Entrepreneurial Moment, by Thomas E. Vass, in its January edition.
Vass is one of the founders of the new national professional association, The Innovation Economics Alliance, LLC, based in Reston, Va.
“We are advocating a new approach to the nation’s economic strategy, based upon metro regional capital markets that target investments to regional technological commercialization,” said Vass. “The Obama administration is getting many different policy options from traditional economic consultants and lobbyists, none of which will solve the long-term structural weaknesses in the U. S. economy,” he added.
In the article, Vass compares the three major policy options currently being promoted in Washington. He contrasts each policy option against the top five major economic problems confronting America.
The article notes that, “The free market is a very fragile system that operates well when the values of trust, honesty, and truth support market transactions that are framed by laws and regulations. America's economy is sick because neither the core cultural values nor the adherence to laws have been operating for many years, and the trends are negative.”
Vass concluded that, “President-elect Obama has an entrepreneurial moment in America's economic history to renew the nation's economic strength. The pathway to success in the economy is just like his pathway of campaign success. Both rely on an entrepreneurial strategy that fundamentally changes the way the national economy has been run.”
About Thomas E. Vass: Vass is a North Carolina registered investment advisor to high- tech companies that are raising capital, and the president of The Private Capital Market, Inc., an online due diligence platform. Vass is also a founding member of the Innovation Economics Alliance, LLC. Contact him at (919) 975-4856 or visit www.privatecapitalmarket.com.
About the Innovation Economics Alliance, LLC. The Innovation Economics Alliance™ (IEA) is a network of experts in technology innovation development committed to fostering high-quality growth of regional economies and supporting innovation-based entrepreneurship. www.innovation-economics.com
About Business Xpansion Journal. Business Xpansion Journal is dedicated to delivering decision support tools to companies active in the site-selection process.This targeted audience of more than 22,000 is responsible for researching, planning and implementing business expansion and relocation projects.
###
