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The Importance of Public-Private Partnerships
Public policy and public engagement is absolutely essential, he says. "The American taxpayer Is the ongoing LP in almost every single large sort of innovation That America has had" In healthcare, 75% of new drug molecules Are discovered through public sector grants or U.S. government grants. The technology for mRNA vaccines was developed off the back of an American public sector grant When you look at things like even Google, Tesla, Amazon At some point, they've collected public sector money Even if you look at the internet as a whole It's difficult to crack but there have been major innovations that have saved millions across the world.