The case for more state spending on R&D

An interesting read on the current status and direction for state spending on R&D. The article is a bit all over the place, but raises a number of important points about the challenges of maintaining the pace of scientific breakthroughs, the balance between academic research and corporate research, the influence of China’s massive investment in research, and why the mission-oriented role of the state may drive a new innovation renaissance.

https://www.economist.com/briefing/2021/01/16/the-case-for-more-state-spending-on-r-and-d

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