Profit-driven enterprises automatically fail when the product is not desired by the market, or the firm is not operating sufficiently efficiently. Ideas are ab

Profit-driven enterprises automatically fail when the product is not desired by the market, or the firm is not operating sufficiently efficiently. Ideas are abundant and worthless - how would publicly funded research even figure out which idea is worth implementing into a running business? So many business ventures fail. Even a decade into Uber there is still great debate into whether or not it is viable. How would publicly funded research make an Uber?