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As an EU citizen and entrepreneur, I can safely say that the system is and will remain fundamentally broken, unless a serious shake-up happens. Grant programs
by mihaic 4y ago
As an EU citizen and entrepreneur, I can safely say that the system is and will remain fundamentally broken, unless a serious shake-up happens.
Grant programs have the rigidity of a totalitarian bureaucracy combined with the corruption of crony capitalism.
Helicopter money or literally giving people standard tests would be better.
The only exception are infrastructure projects, which have to be publicly funded and operated anyway.
- hardware2win 4y agoWhy EU chip act is broken, but US chip act is not?
- mihaic 4y agoI can't say about the US, since I don't have enough information there. The way US grants are usually awarded might also be broken, but it's different enough that other solutions are required, and there really isn't much value in mixing these topics.