LABRST 2M03 Lecture Notes - Lecture 15: Darpa, Computer Science, Hypertext
Document Summary
Economic growth and innovation comes from entrepreneurs. Small scale operations, eventually converting their ideas into something bigger. Garage tinkers : hp, google, microsoft and apple were all started in garages. Government should stay out, and let these small scale operations do their thing. On a small scale, garage tinkering is risky, at rst they failed. Great deal of risk not taken on by private sector, but by public sector. Vision also taken on by the public sector. Money for innovation comes from the state. Universities: great deal of innovation happens in universities, largest tech hub in canada is in waterloo because of the university of waterloo, competition from university of toronto in relation ai. Stanford university: interconnected with silicon valley, money comes from government funded research, these are private universities in terms of how they run, but heavily funded by the government. Places like oshawa with no large universities struggle.
