ABSTRACT

The garage startup has become as much of an American legend in the 21st century as the automobile and the drive-in were to earlier generations. As technology becomes more complex, that type of advancement becomes so hard to achieve that it becomes out of reach for any single organization, much less a few guys in a garage. The 21st century can also be considered a new era of innovation, which will create insightful new technologies, classes of data, and business models. Much like the computer revolution was built on top of electricity, the new era will use computing to drive advancement in other fields, such as genomics, nanotechnology, and robotics, to spur innovation in industries like energy, manufacturing, and medicine. Secondary technologies, like household appliances, radio communications, highways, and shopping malls, created further revolutions.