I suppose that's the same sort of thing that's gone on in Finland as well since 1967, when the patent law was changed: The public pays for much (most?) of the basic research, enabling all the hard work in mapping out the dead ends and branching out towards all those things that are logically and empirically possible. Science! - It's growing like a tree! And at the ends of each branch grow little twigs; and at the end of each twig, if you look closely, you'll see little fruit developing.It really makes one wonder about the future viability of private versus public science, and dream of a day where basic science is funded by people with more money and ambition than the NSF.There's little profit in funding basic research, but there's plenty of profit in using already-funded basic research.
This is the hybrid model used by the US government and US-based healthcare and pharmaceutical corporations, which are generally the most profitable legal businesses in the country.
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oh swell, new and improved crotch rot.
posted by bruce at 10:54 PM on October 6, 2007