Who Should Pay for "Moon Shots"?

July 25, 2019

In July, 1945, Vannevar Bush addressed a report to President Franklin D. Roosevelt arguing that basic research needed to become a priority supported by the federal government. As an engineer, businessman and government administrator, Bush recognized that each of these three worlds--academia, industry and government--plays a vital role in promoting scientific innovation. Crucially, he said, the government’s role should to provide the guiding vision for basic research, seed the related effort and sustain its pool of talent.