Assuming Quote by Bill Gates
“Finally, assuming that many of those are fulfilled, which won't be easy in tight budget times, we're taking the supply side at the basic research level, because that's where government is absolutely fundamental.”
About This Quote
Source Speech: World Economic Forum, 2022
Government must fund basic research because it underpins supply‑side innovation, especially when budgets are tight.
In simple terms: Public funding fuels foundational tech.
Key Takeaway
Support basic research funding.
Themes
policy
innovation
economics
Mood
optimistic
strategic
Type
policy
economic
When to use this quote
- Science grant applications
- university labs
- tech startups
Key Concepts
government role
R&D
budget constraints
Questions to Reflect On
- How can societies balance short‑term needs with long‑term research?
- What incentives encourage private‑public research partnerships?
A Different Perspective
Political opposition may limit funds; short‑term gains prioritized.
