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Mark Johnson's avatar

Our government spends enormous amounts of money on basic research. I worry that, in addition to your fears about bureaucracy and sclerosis, the single pool of money creates an incentive problem. Researchers tune their research to what will get them more dollars, instead of the best research direction or the most value to society. Increasing the signal would include: spinning out more technologies (what will private markets fund), accepting research dollars from corporations (what research is fundable by the private markets; and as you note later, collaboration on the problems that matter), and collaborating more with researchers in private markets (this happens to some extent, but should be more widespread). Spectech plays an important role here in helping to build new signal pathways, especially given that you're a nonprofit that needs to raise dollars from non-government entities.

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The Observer's avatar

The contracts thing was an exceptionally bitter lesson for me this year. The huge gulf in expectations between an industry contracting department and university contracting department causes a lot of headaches for everyone. Makes it very hard for academic and industrial scientists to collaborate if they hadn’t had this particular bad experience beforehand.

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