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OPINION: Governments don’t often have a clear mandate for funding basic science. But in a crisis they can, because necessity is the mother, and funder, of invention. And history shows that government-funded innovations in science can be the foundation for spectacular innovation by business. Examples are everywhere. Spurred on by the crisis of the Cold War, the National Science Foundation in America funded research into semiconductors. It laid the foundation for massive practical applications from companies like IBM and HP, and countless others since. Charlie Riedel/AP Emissions from a coal-fired power plant are silhouetted against the setting sun.

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