Sure, I'll give a brief response.
First of all, you've hit on a valid point. We have a fairly high level of public support for R and D. Where we don't do as well is in terms of private R and D and particularly the commercialization.
There is something of a puzzle there. It's not just that the private innovation is low, but translating that into measured productivity and actual increasing output per worker has been disappointing. We are seeing some improvement in productivity, but we have had a decade of weak productivity.