Xconomy’s First Poll: If You Had $10 Million…You’d Invest In Cleantech! Say What?

Last week, in our usual understated fashion, we here at Xconomy launched a new poll widget. It’s just another in a growing line of features—such as our recent podcasts and News Xpress offerings—that we like to drop into the site to hopefully engage and inform our readers (News Xpress is taking off, but I think we’re still waiting for someone to actually listen to one of our stories).

But back to our poll. We started with a simple question: If you had $10 million to invest in a New England growth cluster, what would you chose (in alphabetical order): biotechnology, clean energy, mobile, robotics, or Web 2.0. And you resoundingly answered (both of you—well, we actually got a fair number of responses) clean energy. A bit over half the votes (51 percent) went to this field, easily trouncing biotech (14 percent), Web 2.0 (14 percent), robotics (12 percent), and mobile (a scant 9 percent).

Which got me thinking…My own gut reaction is that our readers have it wrong. Given the incredible hype around cleantech, and the unknown time to fruition of many of these technologies, there is no way I would sink my precious $10 million in that field. In fact, my own fledgling theory, let’s call it a hypothesis, is that you would do much better if you flopped our survey results completely on their head. Your best payoffs would come first in mobile, then robotics, Web 2.0, biotech, and, lastly, clean energy.

That’s it—I have nothing else to say right now. We’re going to keep the poll up a while longer, both to see if my astute observations change the voting pattern (and also to give us time to think of another question). And if you’ve got a question you’d like to put to your fellow readers, please send it in to [email protected].

Author: Robert Buderi

Bob is Xconomy's founder and chairman. He is one of the country's foremost journalists covering business and technology. As a noted author and magazine editor, he is a sought-after commentator on innovation and global competitiveness. Before taking his most recent position as a research fellow in MIT's Center for International Studies, Bob served as Editor in Chief of MIT's Technology Review, then a 10-times-a-year publication with a circulation of 315,000. Bob led the magazine to numerous editorial and design awards and oversaw its expansion into three foreign editions, electronic newsletters, and highly successful conferences. As BusinessWeek's technology editor, he shared in the 1992 National Magazine Award for The Quality Imperative. Bob is the author of four books about technology and innovation. Naval Innovation for the 21st Century (2013) is a post-Cold War account of the Office of Naval Research. Guanxi (2006) focuses on Microsoft's Beijing research lab as a metaphor for global competitiveness. Engines of Tomorrow (2000) describes the evolution of corporate research. The Invention That Changed the World (1996) covered a secret lab at MIT during WWII. Bob served on the Council on Competitiveness-sponsored National Innovation Initiative and is an advisor to the Draper Prize Nominating Committee. He has been a regular guest of CNBC's Strategy Session and has spoken about innovation at many venues, including the Business Council, Amazon, eBay, Google, IBM, and Microsoft.