I believe the article means "lack of imagination from business", for which I'll strongly agree as a European who migrated a while ago. In my personal experience you have either wannapreneurs trying to break through with minimal budgets, or large investments in established companies. They don't seem to mix though, business people go for safer things than trying to build the next Google. Raising money for a prototype, even if it's making some money, is almost impossible or at the very best will land you with very bad terms.