If they require a shot in the arm backed by massive investment, I don't think privately owned interest favouring statistically birth over competence is the right way.
It is basically both ploutocratie and major life changing decision who are escaping the control of the people. Hence not driven neither by the interests of Nations nor of the environment.
We are supposed to live in democracy where the people are free to decide to not trigger a massive extinction of species or fuel wars based on biasing the access to oil or cheap enslaved workforce.
I think we have the right to decide our own destiny. But, it is because I am an idealist still believing in the rights of the people, freedom and fair competition.
True and that's the approach I'd take but there is a benefit to the other way if you have a product that is a first or is the first to do something well, first mover advantage to grow big fast required a lot of capital (the costs to do that have dropped hugely but are still not trivial).
Some businesses grow best organically and some require a shot in the arm.