Comment

Blades

341
Walter L. Newton9/04/2010 9:58:05 am PDT

re: #263 Obdicut

[snip]

No. But you have inadvertently hit on the exact reason why private industry doesn’t fund basic science research, and why it needs government funding. This research project may go nowhere. So may five other ones. Industry invests very little in basic science because it’s so unpredictable— and when you do make a breakthrough, it’s of benefit to the entire industry, not just you.

[snip]

Just in case you missed this question… Honest question… do the drug companies get public funding? Maybe you know. I did some google, but nothing came up that I could pin down.