Not really, it's an expensive and risky undertaking so only very wealthy investors or the state can afford this. That doesn't mean that the investors are a valu

Not really, it's an expensive and risky undertaking so only very wealthy investors or the state can afford this. That doesn't mean that the investors are a value add other than providing money. Furthermore, many publicly useful innovations will not be able to capture a positive return despite being beneficial for society as a whole, so private money is actually poison.