Sunday, July 18, 2010

Supporting Science

This ought to be fun - Beliefnet:

"The industrial 'johns' and increasingly university 'johns' support science because some of it pays off in the marketplace big time. But it is the marketplace that pays for the science, so when it becomes clear that the marketplace is not interested in that particular science the funding is cut off and the scientists can either find other 'johns' who might still have market dreams, or move on to other science that has market potential. Or as happens in a few cases the scientist moves into herm garage files the patent numbers off the science and tries to find a VC that will buy it. A very few companies 3M, DuPont, and others will provide the 'garage' but the entrepreneurship is still the responsibility of the scientist."

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