Innovation is the endpoint of a long development process.  It is a symptom of good education -- not just college education, but also K-12 education.  Trying to improve that symptom -- that endpoint -- without improving the entire process is futile.  It may result in a few random successes, but it won't have substantial long term impacts.  As evidence, Robbie Melton, CEO of the High Technology Development Corporation, is reduced to citing a beer manufacturer as an example of innovation.  Although pointless, throwing a few million dollars at high tech convinces enough people that something is being done.  It's a lot more difficult to improve Hawaii's public school system, where the real work needs to be done to improve innovation in Hawaii.