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22min chapter
S02 E01: Financing Innovation with Sabrina Howell from NYU Stern
The Innovation and Diffusion Podcast
Government's Role in Innovation
This chapter explores how government interventions, such as R&D grants and tax policies, foster innovation crucial for economic growth and national security. It provides historical context like the Manhattan Project and critiques existing subsidy strategies, emphasizing the need for effective investment approaches. The chapter also highlights the interaction between academia and policy, stressing the importance of translating research into practical applications for enhancing technological advancements.
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