Government Funding For New Technology
The government is a major contributor to the development of new technology in many ways. In the United States alone, many government agencies specifically invest billions of dollars in new technology.
Technology has frequently been driven by the military, with many modern applications developed for the military before they were adapted for civilian use. However, this has always been a two-way flow, with industry often developing and adopting a technology only later adopted by the military.
Entire government agencies are specifically dedicated to research, such as America's National Science Foundation, the United Kingdom's scientific research institutes, America's Small Business Innovative Research effort. Many other government agencies dedicate a major portion of their budget to research and development.
Famous quotes containing the words technology and/or government:
“One can prove or refute anything at all with words. Soon people will perfect language technology to such an extent that theyll be proving with mathematical precision that twice two is seven.”
—Anton Pavlovich Chekhov (18601904)
“Good government is the outcome of private virtue.”
—John Jay Chapman (18621933)