Ok, Allan, now I am impressed. Do you recall Arapnet spin off? I used to work at LBL. Lets not forget Bell Labs either or SRI for innovators. PARC was great, they gave us icon based computing, grid architecture, and Smalltalk.
And thanks to the Bayh-Dole Act, the government still funds early innovation that gets commercialized in a way no other country can match. Remembers, Japan copies, improves, refines, and stands on the shoulder of innovators to innovate improvements and they do it better than anybody, but original innovations start here.