Why is everyone talking about startups? It sounds to me like this is talking about research. The problem with publicly funded science projects in Europe: Sala

Why is everyone talking about startups? It sounds to me like this is talking about research. The problem with publicly funded science projects in Europe: Salaries/Hourly Rates are set at very low levels and the rulebooks make zero allowance for being able to pay better people more money. Over the decades of doing this type of funding they've created a caste of technology workers who wouldn't even have jobs in technology if it weren't for the fact that they can go from one government-funded project to the next, where the quality of your work means little and the willingness to work for little money means everything. Every couple of years they slap a new label on what kind of technology it is that they want created, but the people doing the work stay the same people, and the output remains nonexistent because no one is even asking for any in a meaningful way. Plus 3B over 6 years for such a huge economy isn't really an impressive sum of money at all.