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Which raises the question -- Norway famously made its citizen fund using oil money, but which country has made the most for it's citizens from [technology] IP?
by pbhjpbhj 1y ago
Which raises the question -- Norway famously made its citizen fund using oil money, but which country has made the most for it's citizens from [technology] IP?
Natural resources v IP resources?
- elictronic 1y agoNorway basically. Nearly every other country just throws the money back into the general fund or accumulates it at the top.
- wongarsu 1y agoSaudi Arabia would be the other noteworthy example. Acquired Saudi Aramco in the 70s/80s, and later diversified with projects like their (in)famous Public Investment Fund
- pjc50 1y ago> but which country has made the most for it's citizens from [technology] IP? Post-1950 this is unambiguously the United States.
- pbhjpbhj 1y agoWhat's specific government/country owned IP? Just what you think the most lucrative is.
- mNovak 1y agoNot only the research, but the deployment of the GPS constellation comes to mind. [1] gives an estimated economic benefit of $1.4T, in the US alone. [1] https://space.commerce.gov/doc-study-on-economic-benefits-of-gps/ https://space.commerce.gov/doc-study-on-economic-benefits-of...
- vanderZwan 1y agoWell, ASML is Dutch and started as a spin-off of government-funded research IIRC, but I don't know how big it is in terms of national GDP. On the other hand, the chips their machines enable also represents the kind of wealth not captured in money alone.