As a result, access to capital for developing and commercializing environmentally sound technologies has been minimal. Different conditions overseas Conditions are quite different overseas. World Bank-sponsored studies have shown that in developing countries there is a strong desire to bear reasonably high costs for environmental protection. In order to achieve environmental and economic goals, many developing countries have taken a market-driven approach to environmental management and have instituted environmental policies that promote internationally competitive industrial growth. This presents an opportunity for U.S. investment, not just in individual technologies that can respond to existing global market needs, but in total systems.
Technology is a bridge to the future.
Yet in the United States, obstacles continue to stand in the way of investment. Initial sources of financing are usually depleted long before the entrepreneur or technician has a prototype or final model developed or has had the chance to commercialize the product or technology. Lack of business management skills. While technology entrepreneurs are creative and have a grasp of scientific concepts, they often lack business skills. Lack of seasoned management has been identified by some venture capital firms as the top reason why venture capitalists turn down environmental-technology deals.