Mr. President, if you want innovation what America needs is less bully pulpit, and more incentives.

FORBES: Innovation Ain't So Easy Mr. President - Think Google, Not GE

"It takes time to get someone up to speed on your business needs and what you want from them, " Mr. Alter says.

WSJ: Small firms, Start-ups Drive Crowdsourcing Growth

"This tells you that Pemex needs to change, " said Mr. Islas.

WSJ: Deadly Blast Hits Mexico Oil Giant