During the 20th century Governments and public agencies such as NASA played a major role in the innovation chain. The Internet itself was born through public programs, just as GPS and many other game-changing technologies.
But in recent years, questions arose over the efficiency of public efforts, challenged by smart, dynamic, powerful corporations such as Google, on the one hand, or bottom-up and open source models, on the other hand !
Fouad Bendris’s insight:
The existence of an existing (strong) platform for government driven innovation remains a must. But it is not enough. I think the future winner will originate from a country that has the some fundamental elements in place (said Stefan Lindegaard) …
Source:: Strategy & Governance