Rightwingers.org

A forum to discuss right-wing politics

  • Our Manifesto
  • Forums

Government’s essential role in innovation overlooked

  • Government
  • Innovation

Mazzucato argues that government research has been visionary. It not merely reduces risks in the market, but opens technology to entirely new ideas. She cites how government directed the development of major new technologies in completely new spheres like information technology, biotechnology, nuclear energy, and nanotechnology. She also argues that government funding even of later-stage research can be beneficial. Government subsidies in Denmark, Germany, and China have resulted in successful individual companies. The US has had a success with First Solar, a solar energy company whose existence depended on state support.

Government’s crucial role in innovation

Public innovation
March 19, 2016 admin

Post navigation

Everything perfect for the Republicans, except.. → ← Doubling alternative energy saves $4.2 trillion

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related Posts

What unites Trump voters?

Probably the best take on what’s happening on the right. The illusion that the right was all about free markets and limited government (with family values and national security thrown […]

The extraordinary right-wing reaction to medical price hikes

The latest extraordinary price hike (after Valeant and Martin Shkreli’s Turing) is the 400% price increase in 8 years of EpiPen from Pharma company Mylan. In the same time, it’s […]

Some simple economics of growing government

There are three basic, and fairly benign or at least unavoidable reasons why government tends to grow when societies get richer and more complex. Some simple economics of growing government

Medellin, fixed by local government

In 2012, Citibank and The Wall Street Journal awarded Medellín, Colombia, the prestigious title of “Innovative City of the Year.” In just a short period of time, Medellín has transformed itself from […]

Recent Posts

If wages are not growing under these extreme circumstances…

Some stylized facts: The pandemic caused 1M+ deaths, probably 15% more if looked at excess deaths 3M+ workers retired early as a result of the pandemic Long covid could be […]

More Info

Shame on them!

Trump administration officials privately acknowledged that they had no way to reunite thousands of separated immigrant parents and children, according to emails published by NBC News on [...]

More Info

Trump and Russia, some stylized facts

So, lets add a few things up. Individually, most of this stuff can (and has) be explained away. A much more damaging picture emerges when it’s all added up. And […]

More Info

Why Brett Kavanaugh shouldn’t be on the Supreme Court

So many reasons.. He had every reason to lie, Dr. Ford has none If he was innocent, he would be hell bent on an FBI inquiry, he obviously wasn’t He […]

More Info
Powered by WordPress | theme SG Grid