Much like its namesake in the San Francisco Bay Area, New York imploded after the dot-com boom and bust, with Darwinism getting rid of the worst ideas. Slowly, though, over the last decade, New York has been building a real tech center, where software, media, and ad-related startups are thriving, a venture capital community is growing and serial entrepreneurs are as commonplace as they are in Silicon Valley.

Ask an LP what they like about venture capital, and the gut response these days is likely to be a long pause. Limited partners used to have standard answers. With venture returns for the decade now in negative territory, however, those reasons no longer sound so compelling.

Pennsylvania State University and a slew of partners plan to implement and develop the very latest in eco-friendly technologies at the Navy Yard's South Philadelphia site, with the help of $159 million in federal and state grants announced last week.

Vilas County has an abundance of resorts, snowmobile and bike trails, but not many entrepreneurs. That has spurred a group of high-profile business people, many with vacation homes in Eagle River and surrounding areas, to begin planning an angel investing group as part of a larger economic development strategy.

TechStars, one of the best known and most successful startup accelerator programs, is expanding to New York City. TechStars founder and CEO David Cohen is temporarily relocating to the city to oversee the innaugural class; angel investor David Tisch is signed on as the New York City director.

Lawyers for the Justice Department have made their case for a federal judge to restore funding of research with embryonic human stem cells.

Venture investing may be slowing down in the valley, but M&A activity is running strong. From Hewlett-Packard and Cisco Systems to Intel and Oracle, some of Silicon Valley's largest companies charged out of the recession with fat bankrolls and a determination to spend whatever it takes this year to reshape their businesses around emerging technologies.

Last week’s ruling ordering an immediate halt in federal funding for stem cell research has thrown academic research circles into a state of confusion. This has caught the attention of the VC community, as the venture-backed biotech world is largely dependent on technology developed in academic institutions.

One month of encouraging jobs data is hardly enough to declare a rip-roaring recovery of Michigan's feeble economy -- but it's nothing to sneeze at, either. "There's no guarantee, but evidence is building that Michigan has finally turned the corner.

Brookings Mountain West, a research group, is calling for a 19th century land grants model to launch an ambitious to shift the nation from fossil fuel to cleaner energy. Mark Muro, a co-director of Brookings Mountain West, says the centers would also be in Idaho, Utah, Colorado, New Mexico and Arizona and foster innovation to move clean energy from the drawing board to the marketplace.

Organic food, nutrition, and broadband programs are trumping farm payments under Agriculture Secretary Vilsack's initiatives

Access to early-stage growth in young companies is often difficult to obtain, and the purpose of this tax credit is to encourage direct investment from individuals in high-tech businesses. It aims to expand the economy of Georgia by enlarging its base of wealth-creating business, thus increasing the number of quality and high-paying jobs.

MRAM, promises to change everything about how our computing devices work. It’s as fast as classical static RAM at the core of today’s microprocessors, but it doesn’t wear out, and it also holds data permanently, even when the power is off, like today’s flash memory. It could enable true “instant-on” information devices and speed up many types of computation.

A dial on Tom Bassett-Dilley's iPhone-like "smart meter" showed the architect's modest Oak Park home was using 1 cent per hour in electricity. "Watch this," he said. He switched on the toaster. The dial shot up to 14 cents an hour.

Device makers in a post-iPhone world are focused on fingertips, with touch at the core of the newest wave of computer design, known as natural user interface. Unlike past interfaces centered on the keyboard and mouse, natural user interface uses ingrained human movements that do not have to be learned.

Lending a helping hand to student entrepreneurs is a vital part of resuscitating the economy, University of Michigan Mary Sue Coleman wrote in a column published Monday by Forbes.