nsf funding, "venture capital" myth muckraking journalism quote
Over the next few years, the program's stated aim was to provide more than a dozen grants of several million dollars each to advance this research concept.
The grants were to be directed largely through the NSF so that the most promising, successful efforts could be captured as intellectual property and form the basis of companies attracting investments from Silicon Valley.
Over heard amongst the alt bloggospaces...
"
This type of public-to-private innovation systemhelped launch powerful science and technology companies like Qualcomm, Symantec, Netscape, and others, and funded the pivotal research in areas like Doppler radar and fiber optics, which are today central to large companies like,
AccuWeather
Verizon
AT&T
"