Technology in a Recession
October 24th, 2008 by Tom Francoeur
The Mass Technology Leadership Council pulled off a fantastic awards ceremony at the Sheraton Hotel in Boston last night. Especially illuminating was the acceptance speech given by Paul Maeder co-founder of Highland Capital Partners who won the Commonwealth Award in the individual category.
Maeder acknowledged the realities of the current economic crisis, but overall had a positive outlook also grounded in reality, especially for the technology sector. Maeder pointed out that the convergence of current economic, environmental and U.S. infrastructure crises will create opportunities for technology innovation in 2009 and beyond regardless of who becomes our next president.
Basically the U.S. infrastructure, including highways, bridges and transportation systems will have to be updated and rebuilt. Maeder sees technology innovators playing an important role, creating new tools, processes and systems as these great projects get underway. And green technology will be a big part of that, helping to fuel another major period of technology innovation in the U.S. Wondering what others think about this perspective? Does this ring true? Or is Maeder still looking at the world through rose colored glasses despite the financial meltdown?
This entry was posted on Friday, October 24th, 2008 at 2:07 pm and is filed under Events, Predictions, Tech. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.
