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Re:EU shoots for €10B ‘industrial cloud’ to rival US by vetinari on Sunday October 18, 2020 @01:09PM (#24819322)
I agree, DARPA objective was to build industry; EU program objectives are to move tax payer's money into private pockets.

However, my argument to parent was, that DARPA was also top-down, and it was a success.

Re:EU shoots for €10B ‘industrial cloud’ to rival US by joejerryronnie on Sunday October 18, 2020 @04:02PM (#24820655)
I think the most successful model is when large gov agencies (DoD, NIH, etc) fund core, basic research and then intermediaries (Research orgs, Universities, etc) allow that research to be spun off into private companies. Stanford’s approach has been pretty successful.