Expert Kenneth Wilcox believes that US innovation is losing ground.  Wilcox works for a US bank, and he tends to travel around the world for his work.  Over the years he has seen US innovation slowly slide as we look outside our country for innovation.  He believes that US innovation can be centered in Silicon Valley as well as other parts of the US without going outside to hire employees.

Wilcox also believes that US innovation has not peaked, but the US is acting like it.  Other countries in the world are beginning to out compete the United States.  Japan is a good example of this in the technology trade.  Still US innovation has some of the top scientists in the world working on projects, so the US may rally again.