Bob Metcalfe, professor of innovation at the University of Texas at Austin, is known to say “the world’s problems will not be solved by another website.”

The co-inventor of Ethernet, which celebrates its 40th anniversary on May 22, and founder of 3Com, should know.

Metcalfe falls into the category of entrepreneur known as an innovator. He created an innovation driven entreprise that changed the world.

He’s even got his own law: Metcalfe’s Law.

To illustrate the difference between innovators and the other startups, the Kauffman Foundation has just released a report, “A Tale of Two Entrepreneurs: Understanding Differences in the Types of Entrepreneurship in the Economy,”detailing how “not all startup companies are created equal.”

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Tags: Bob Metcalfe, Entrepreneur, Entrepreneurs, Kauffman Foundation