Brain357
Platinum Member
- Mar 30, 2013
- 37,068
- 4,189
- 1,130
Interesting:
All the most important technologies that have driven growth — what economists call general purpose technologies — trace their funding back to government. These are the technologies whose effects permeate across large parts of the economy, not just a single sector, and nurture decades of growth. These include aviation technologies; space technologies; semiconductors, the Internet; nuclear power; and nanotechnology. So we’re not talking just gadgets here, but revolutionary technologies that drive innovation led-growth — and it’s these technologies that are embedded inside the gadgets.
GPS, lithium batteries, the internet, cellular technology, airbags: A Q&A about how governments often fuel innovation
All the most important technologies that have driven growth — what economists call general purpose technologies — trace their funding back to government. These are the technologies whose effects permeate across large parts of the economy, not just a single sector, and nurture decades of growth. These include aviation technologies; space technologies; semiconductors, the Internet; nuclear power; and nanotechnology. So we’re not talking just gadgets here, but revolutionary technologies that drive innovation led-growth — and it’s these technologies that are embedded inside the gadgets.
GPS, lithium batteries, the internet, cellular technology, airbags: A Q&A about how governments often fuel innovation