To Get Good Ideas, Pay for Them

The fact that Japan's Nobel Prizewinner lives in Silicon Valley illustrates what's gone wrong with the country's culture of innovation.
Nakamura didn't profit enough from his blue-LED technology.

Earlier this week, Japan's media were exultant over a Nobel Prize in Physics award to three native sons. So it came as a shock when, rather than pop another champagne cork, co-honoree Shuji Nakamura poured cold water on the fete.

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