It worked very well when it came to do all the foundational work for developing semiconductors, early computers, fiber optic, GPS, GSM, particle physics, CD/DVDs, CCDs, spread spectrum radio, solar panels...
Research benefiting society needs was paid by society. It was paid by taxes.
It worked very well when it came to do all the foundational work for developing semiconductors, early computers, fiber optic, GPS, GSM, particle physics, CD/DVDs, CCDs, spread spectrum radio, solar panels...
Research benefiting society needs was paid by society. It was paid by taxes.