Totally good point! Though, that is also quite restrictive. Some of the biggest innovations which change society the most are incredibly weird, out of left field innovations that a governmental or grant program would most likely not fund - just because the nascent idea is too crazy.

You get a lot of money funding weird ideas in VC firms, where the incentive structure (of profit) makes it possible to fund a tonne of ideas, where it is expected that most of the ideas will fail.