In modern time of new economy, successful practice provided sufficient evidence that the melting of venture capital and business incubator is increasingly becoming an inevitable tendency.

新经济时代，海内外实践有力证实风险投资与企业孵化器的融合越来越成为一种必然的趋势。

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Now, in the Pennsylvania boonies during the bust, he's New Economy--but without the overhead, fancy venture capital and gaudy expectations that killed so many boom-era dot-coms.

FORBES: The Medium Is the Model

Now, in the Pennsylvania mountains during the bust, he's New Economy--but without the overhead, fancy venture capital and gaudy expectations that killed so many boom-era dot-coms.

FORBES: The medium is the model

Alan Hald, another Tempe-based entrepreneur and co-chairman of the Arizona Partnership for the New Economy, points out that Phoenix lacks the venture capital that brings the whirr to other high-tech hubs, such as Austin, Los Angeles and New York.

ECONOMIST: Urban boosterism