Jul 2, 2016

Capitalizing on foundations of innovation

Posted by in categories: computing, economics, government, internet

Like the USPS; could we see a day when DARPA and IARPA positioned to be revenue generators like big tech? Granted these 2 programs are tax payer funded; however, so is USPS. One option is to for a contracted service fee; could DARPA &/ or IARPA charge fees to tech companies and others for using their technologies?

Two of the most important technological advances that helped fueled much of the country’s record economic growth in the post-WW II era were ubiquitous computing devices and modern communications technologies.

Indeed, most of the companies covered on TechCrunch certainly would not exist if not for the development and commercialization of microprocessors and the internet.

In my opinion, insufficient attention in the current ideological debate taking place in Silicon Valley and around the country has been given to the important role that government played throughout the lifecycle of these technologies. Understanding how these relatively mature technologies and industries were initially spawned and encouraged is critical to developing a strategy to empower the next generation of entrepreneurs in capital- or R&D-intensive industries with high growth potential.

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