Balancing Innovation: The Case for Government Investment in R&D and Collaboration Across Sectors

The Government should invest in research and development through tax funding and grants to help with the invention of technology. While it is the starting point of technology, the Government could have more knowledge before it is published to the public; a limited circle could control the regulation regarding the new technology to avoid any unstable circumstances.

For corporations, the government could cooperate with market pioneers because they would have more experience in bringing new technology into the market and making it profitable. In addition, sharing some information in the market is also better for healthy economic competition.

For Open Source Ventures, it is a balance between individual and learner that the community could approach and improve the new technology. Open source ventures should maintain transparency, accessibility, and collaboration between agents, such as providing volunteer contributors and solving problems in a shared knowledge environment.