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No science, no startups: The innovation engine we're switching off

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Hacker News

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AI Generated

The article discusses the importance of science in innovation and startups, emphasizing the roles of scientists, engineers, entrepreneurs, and venture capitalists. It explains how scientists work, the difference between theorists and experimentalists, and the impact of their research on advancements like new medicines and consumer goods. The article highlights the decline of basic science research in corporate labs and the critical role of research universities in conducting basic research. It also touches on the relationship between science investment and national power, warning that neglecting science could weaken the economy and national defense.

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