Apparently the US is slipping dramatically. See this article from TechDirt
And how far have we slipped, to 23rd it appears says an article that states that in New Zealand, there are 9 times as many startups per unit population (27 vs. 3 per thousand people) attributes the decline to lack of a safety net for startup failures.
Add to that the huge increase in cost slapped on startups by the new, misnamed, America Invents Act (HR 1249) or “AIA” for short, which distorted the US Patent system heavily in favor of big business and decreased the safety net for startups and increased the risk of failure and the investment needed. The AIA could more properly be labeled the Anti-Inventor Act of 2011, because it hurts small business as the National Small Business Association has clearly said.
We have been blogging against this legislation for years, but when it comes to legislation, every American knows we have the worst Congress money can buy where Congressmen spend most of their time fundraising by promising special favors to special interest fat cats in return for campaign “donations” that are not really donations but purchases of special favors and special consideration in special interest legislation.