Asking All the Wrong Questions About U. S. Home-Based Replacement of Domestic Knowledge Networks

Our interest in writing this article is to create a bridge between the scholarly and academic research on technological innovation and a private sector, for-profit business model that implements the ideas on small business innovation and entrepreneurship, primarily in metro regional economies.This article will explain that the function and operation of the global knowledge networks contributes to the home-based replacement (HBR) of domestic small U. S. business knowledge networks.HBR, global knowledge collaboration among MNCs, and U. S. trade policies are all inextricably linked to the economic decline and loss of jobs in America. The right question to ask is what is the best economic policy for promoting the interests of small business product technology innovation, not what is best for the small set of very large corporations and large U. S. universities who are reaping most of the benefits of the current globalization policy nexus. Global trade in goods and products is not the same thing as trading away the nation's comparative advantage. The winners can never compensate the losers for the loss of national comparative advantage in knowledge and innovation, which is why Ricardo's theory of trade is inappropriate justification for the proponents of the seamless global economy.There is no national economic policy directing either U. S. university research or federal research labs to focus their activities to the benefit of domestic regional economic growth. In the absence of national economic policy, it is likely that both university research, and federal research may be serving to undermine domestic economic growth via the home-based replacement of small business knowledge networks that contribute to U. S. domestic economic welfare and job creation.The current economic conditions in America are not tolerable for U. S. citizens. The United States Congress must begin hearings immediately aimed at new policies that promote small business job creation based upon technology innovation and reverse the disastrous trade policies that have eviscerated America's economic brains