[scotradamus]

A ton of great innovation comes from Universities and the National Labs. I would argue most innovation comes out of basic research funded by the government. Interestingly, in a lot of ways this research is subsidized R&D for American corporations and startups. Much of what gets funded in basic research is set by lobbyists. It makes sense, not many companies can sink millions or in some cases billions of dollars into R&D that may never have commercial applications. There was a really good book review about this in a Physics Today issue a few years back (I cant currently find it).