One example of successful state investment doesn't really say anything about wha... | Hacker News

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		wildmusings on Sept 15, 2015 \| parent \| context \| favorite \| on: Why Is Europe Failing to Create More $1B Startups? One example of successful state investment doesn't really say anything about what the ideal level of overall state economic intervention is. Research spending like DARPA isn't even representative of how Western governments regulate and tax.

wpietri on Sept 15, 2015 | [–]

But one example does prove that a general rule like "state intervention on innovation is considered harmful" is too shallow to be useful.

robotresearcher on Sept 15, 2015 | [–]

It's a pretty special example, and a perfect counterexample to a careless generalization.

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