You need to read up on government funded research and what it has helped develop throughout history.
Why The Government Needs To Invest In Innovation
"fundamental innovations that can result in decades-long economic expansion need research funding for years in order to evolve – and even after a first successful prototype, 10 to 15 more years to enter the marketplace. This time line is inherent to fundamental innovation, even when done optimally, for the process is not linear from research to development to product in the market. Efficient innovation is a highly iterative process, in which innovators repeatedly cycle through many factors in the areas of Technology, Market and Implementation – until the right pieces come together. As technology is shaped and prodded over this timeline, advantages and benefits change; meanwhile, markets change and other new technologies appear. For corporations in global competition, it is unlikely that a research investment with a 15 or 20 year horizon will result in a return for that specific organization. However, for a government, the exact organization or sector through which the innovation arrives is irrelevant for realizing its economic returns. President Obama captured this when he said: “Our free enterprise system is what drives innovation. But because it’s not always profitable for companies to invest in basic research, throughout our history, our government has provided cutting-edge scientists and inventors with the support that they need.” A healthy national innovation pipeline:
Must rely on the nation to invest in early innovative research because free-market actors cannot do so profitably by themselves;
Must rely on the free-market to competitively finish the later part of the innovation process because the nation cannot realize its return on research investment otherwise
The two sides of the innovation system are necessarily co-dependent, and such clarity should eliminate the extreme options that are dominating the national discourse."
Why The Government Needs To Invest In Innovation - Forbes