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It's not a problem with the investment itself but inability of economics to evaluate such investment decisions. A lot of externalities like positive PR for the
by harigov 10y ago
It's not a problem with the investment itself but inability of economics to evaluate such investment decisions. A lot of externalities like positive PR for the scientific progress of the country, research outputs that can benefit in other areas, etc., can't be evaluated with just money. Not in the least in the timelines that investment firms (and movie industry) usually work at.
- rajathagasthya 10y ago> research outputs that can benefit in other areas This is the most important thing. A lot of military technology in India, especially missile tech, originated at ISRO. And was spearheaded by former President APJ Abdul Kalam, who worked at both ISRO and DRDO (Defense Research and Development Organization). https://en.wikipedia.org/wiki/Integrated_Guided_Missile_Development_Programme https://en.wikipedia.org/wiki/Integrated_Guided_Missile_Deve...