This article from “chinatalk.media” (which I know nothing about) explains how the US R&D pipeline has always been a partnership between universities, the private sector (including, in some cases, closely regulated monopolies like Bell Labs), and the government. It has been the envy of the world and emulated by others, including by China. Basically, the federal government funds basic research through universities that there is not a clear market for yet. In some cases, it creates a market through its procurement ability which incentivizes the private sector to take the risk of taking nascent scientific breakthroughs from the universities and bring them to market.
To better understand today’s landscape, we need to trace our steps back about 70 years and examine how the American research ecosystem was conceptualized. The original model positioned universities to conduct curiosity-driven research funded by the federal government, while American industry focused on transforming that research into applications.
There were certain industrial monopolies created by the government that also conducted basic research, which Alex can address more comprehensively. However, the overwhelming majority of basic research happened in academia — universities created as land-grant institutions or those existing before the war. This system served us remarkably well, as basic research developments from the 1950s, 60s, and 70s bore fruit 10, 20, 30, or 40 years later. The nature of basic research doesn’t necessarily have an immediate application, but applications may emerge years down the line.
Agencies like the National Institutes of Health fund more applied research on medicines and can point to tangible outcomes — specific drugs developed with NIH funding. The NSF, conversely, funds basic research that may not demonstrate tangible benefits for decades, as happened with neural networks.
What madman claiming to love our country would try to break this? He would have to be either extremely ignorant or a traitor to our country.