State-run factories, with assigned jobs for life, are giving way to entrepreneurial capitalist enterprises and foreign joint ventures.

ECONOMIST: A survey of the young

He does indeed want to radically remake America's free-enterprise, entrepreneurial capitalist system.

FORBES: But Doesn't Obama Share His 'Generals'' Ideology?

The I-Corps teams, selected from science and engineering applicants who are current or former NSF grantees, comprise just a principal investigator (usually a tenured professor), a younger entrepreneurial lead (undergraduate, graduate or post-doctoral student) and an experienced entrepreneur or venture capitalist as a mentor.

ECONOMIST: Innovation