The U.S. is still leading the world in fostering technology innovation, but other countries are rapidly catching up, according to a global survey of about 400 venture capitalists conducted by Deloitte & Touche and the National Venture Capital Association. The biggest reason for the current globalization of technology is the Internet, which “creates perfect information for everyone,” said Mark Jensen, a partner at Deloitte & Touche. People anywhere in the world can figure out who’s starting companies and how to be like them. “Technology flows around the world, and it’s as easy for the Chinese to invest in the U.S. as for the U.S. to invest in China, maybe easier,” he said.
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