Venture Investing in Science

Andrew J. Malik, chairman, Needham & Company, LLC:
Venture Investing in Science makes a compelling case that attention needs to be refocused on science-based businesses and a more robust capital market for early-stage companies to increase U.S. economic dynamism.

Andrew W. Lo, MIT Sloan School of Management:
This fascinating book should be required reading for all entrepreneurs and investors interested in science- and technology-based startups.

Mihail C. Roco, senior advisor for science and engineering, National Science Foundation:
Due to the shifting venture investing landscape and changes in the regulatory environment, deep science R&D—after billions in government investment—is not being commercialized to its full potential. Society needs a balanced approach. Otherwise the economy and quality of life are at risk. This book is a call for change.

George Gilder, venture capitalist, cofounder of the Discovery Institute, and author of Knowledge and Power and The Scandal of Money:
Jamison and Waite have written the crucial economic book of the year, addressing the crisis of venture capital in an era without ‘deep science’-based innovations and IPOs, and with leviathans buying up their own shares and the shares of their rivals while stinting on the hard science behind all truly transformative progress.

Braun Kiess, Rutgers Business School:
Until reading this book I had not encountered such a cohesive and well-researched account of the current state of deep science commercialization. Every member of society should understand what permits successful technology commercialization to occur and how they might play a part in its success. A great work.