Venture Capital

Abstract

Leveraging venture capital to the advantage of the Naval Services should be viewed as part of the larger project of reforming the acquisition system to permit rapid introduction of new technologies to the Fleet and Force. There is no need for the Department of the Navy to imitate any of the existing venture capital models found in the Defense and Intelligence Communities. These have been of limited value at best, and often simply repeat in a different key the familiar pathologies of the research and development system. Equity investment on the part of the Government is not necessary to gain access to emerging technology. Rather, the Government needs to realize that its acquisition processes are the obstacle. Fix those, and the technology will be available.

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Document Details

Document Type
Technical Report
Publication Date
Jul 01, 2006
Accession Number
ADA461470

Entities

People

  • A. Andreassen
  • J. G. Biddle
  • M. J. Lister
  • M. M. Chang
  • R. Mccormick
  • Shanda Bales
  • T. Sun
  • W. J. Packard

Tags

Communities of Interest

  • Advanced Electronics
  • C4I
  • Cyber
  • Human Systems
  • Materials and Manufacturing Processes
  • Weapons Technologies

DTIC Thesaurus Topics

  • Acquisition
  • Corporations
  • Department Of Defense
  • Emerging Technology
  • Governments
  • Information Systems
  • Marine Corps
  • Military Research
  • Money
  • Naval Operations
  • Naval Warfare
  • Navy
  • Personnel Management
  • Systems Engineering
  • United States
  • User Interface
  • Warfare

Readers

  • Economics