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Element 117
go bigger picture. in the OP for contextual frame.Ok, so you are asking how many laws govern public funding.
go bigger picture. in the OP for contextual frame.Ok, so you are asking how many laws govern public funding.
Do you really think medical research is the only high risk field? There are many fields or, rather, sub-fields that are high risk or just without mid-term profits so companies will never invest in them much.I do not agree with government funding for science in general, it creates lazy 'pie in the sky' government labs that aren't results driven. I've worked with too many of those and they are a waste of funds.
There are 2 exceptions though:
1) Medical Research. This stuff is way too high risk for most companies to do any significant research in them, government subsidies and research grants are an absolute necessity
2) Military Research. Duh. We need to be stronger than everyone else. Forever. (Civ games really do show you how to rule the world.) Good news for all you pro government research hippies out there though, because military research can cover pretty much anything.