2 ms·
Those are postwar examples, which occurred in unison with the academic funding boom, the space race, etc. The way it worked was you'd have public funding for ba
by whatshisface 1y ago
Those are postwar examples, which occurred in unison with the academic funding boom, the space race, etc. The way it worked was you'd have public funding for basic facts ("aluminum is 2.7 times denser than water"), and then scientists would be hired by companies to apply those facts. The revenue model doesn't work out for monetizing basic facts, so to have an advanced industry you need both systems of funding.