Patents, spy balloons and outcompeting China: What our leaders are missing ...Middle East

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Patents, spy balloons and outcompeting China: What our leaders are missing
The U.S. innovation system, the world’s best, has been the driving force of our country’s prosperity, technological leadership and national security for two centuries. This system is the most productive private-sector/government-sector partnership ever devised. Each partner does what it excels at best: The government funds vast research in basic scientific discoveries, mostly at research universities; private companies develop those discoveries into commercial products sold in the marketplace — lifesaving cures, robotics, and autonomous vehicles, to name a few. Because public grants are plentiful and recently were expanded by $200 billions for cutting-edge technologies such as computer

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