Tech Startups: why, how and a new innovation paradigm?

I’m a bit slow in blogging this but last week’s Economist featured a special report on technology startups.  The report explores how the availability of cheap cloud-based building blocks from Amazon Web Services and Azure all the way up the stack have enabled a bloom of low-cost startups.

Does this go as far as to represent a new paradigm in jobs and employment, shifting early-stage innovation risk from large companies to the individual?  Read and decide.

Essential reading for anyone interested in technology, startups, innovation and related funding.