Bases Quote by Noam Chomsky
“Silicon Valley, after all, feeds off the existence of computers, the internet, the IT systems, satellites, the whole of micro electronics and so on, but a lot of that comes straight out of the state sector of the economy. Silicon Valley developed, but they expanded and turned it into commercial products and so on, but the innovation is on the basis of fundamental technological development that took places in places like this [MIT] on government funding, and that continues.”
About This Quote
Source Interview: The Role of Government in Tech Innovation, 2015
Public funding fuels foundational tech, which private firms later commercialize.
In simple terms: Government seeds tech, private firms harvest.
Key Takeaway
Support basic research funding.
Themes
innovation
government
technology
economics
Mood
analytical
critical
Type
policy
economic
When to use this quote
- policy making
- startup strategy
- academic research
Key Concepts
Public‑private partnership
research funding
tech commercialization
Questions to Reflect On
- What balance best drives sustainable innovation?
- How can public gains be ensured?
A Different Perspective
Private sector may dominate benefits.
![“I wrote an article about the marine landing [in Haiti] right away, but barely mentioned the oil, because my article would come out two months later and I assumed by then, "of course, everybody knows." Nobody knew. There was a news report in the Wall Street Journal, in the petroleum journals, and…” quote by Noam Chomsky](https://sms4smile.com/quotes/img-quotes/dc5/noam-chomsky-42_articles_i-wrote-an-article-about-the-marine-land_13341.jpg)
