By Micky Fang

New technology thrives when governments, corporations, and open-source communities collaborate. Government funding is crucial for high-risk, foundational research without immediate commercial value, as seen in the early internet. Corporations, with substantial resources, can scale and refine innovations, making them accessible. Open-source ventures, meanwhile, drive transparency, inclusivity, and community-driven progress, ensuring that technologies serve broader social interests. Ideally, governments fund foundational research, corporations develop it for the market, and open-source projects keep it open, transparent, and adaptable. By leveraging the strengths of all three sectors, we ensure that technological progress serves both society and economic growth.