Innovation in Software Development

From Western North Carolina

Excerpt below from the Carolina NewsWire, July 7, 2005

Red Hat and Sun Microsystems team up for open source software directive in Europe STRASBOURG -- The European Parliament voted to reject the Computer-Implemented Inventions directive, the so-called 'software patent' directive. Red Hat (NASDAQ: RHAT) and Sun Microsystems combined efforts with the Foundation for a Free Information Infrastructure (FFII) to bring about this victory for those who value free and open source software. The Parliamentary rejection represents a request for better legislation; legislation that will ensure that software "as such" is not patentable. Read More

Excerpt below from [1]Knowledge@Wharton.com

Innovation and Entrepreneurship Those High-flying Angel Investors: VC Panel Talks Up Creative Financing for Start-ups Software manufacturing, software programs to defeat spam, new business data technology and web services are all areas of opportunity for entrepreneurs, according to venture capitalists taking part in a panel on creative financing at a recent Wharton Entrepreneurship Conference. And those entrepreneurs who cut costs, sign on angel investors and find other creative ways to finance their start-ups will be rewarded with more equity in their firms assuming they become successful. One always promising but often prickly funding source: angel investors. [2]Complete text of article.