Technocrats frequently pressure the US gov't to increase R&D as a strategy to upstage China. The assumption is that public R&D leads to innovation and economic growth because research generates the science that spurs innovation. The formula is mistaken.
Technocrats frequently pressure the US gov't to increase R&D as a strategy to upstage China. The assumption is that public R&D leads to innovation and economic growth because research generates the science that spurs innovation. The formula is mistaken.