
Rethinking Industrial Policy...and Everything Else
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Rethinking Research Funding
This chapter explores the intricacies of scientific research funding in the U.S., focusing on the NIH's role and the peer review process. It critically examines the challenges faced by researchers, including short-term grants and the proposal of a randomized funding model for diverse projects. Additionally, the chapter discusses the potential impacts of different industrial policy models on innovation, alongside modern technological challenges like aerial transportation.
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