Moore's Law has been a powerful enabler of innovation because every 36-48 months you get twice the CPU cycles at half the price. In 8-12 years, Moore's law delivers 10x the performance at 1/10th the price, making the seemingly impossible relative cheap, if not free. Consequently, venture capitalists-even after the Internet bubble and the financial meltdown-largely prefer to invest in technology-driven companies in preference to almost anything else. Moore's Law simply opens up so many new business frontiers.
Except for one small problem...Patent Trolls, aka non-practicing entities.