George Leopold, EETimes
7/8/2010 12:17 PM EDT
Andrew Grove, the co-founder of Intel Corp., doesn't buy the again-fashionable argument that startups, preferably technology startups, are the best way to create new American jobs.
The push for more startups, particularly in areas like green technology, has gained momentum as a jobs creator at a time when policy makers are struggling to find a new engine for economic growth. Venture capitalists like John Doerr are betting billions on emerging industries like solar energy and storage technologies like advanced batteries.