In my view, one of the problems is that the government cannot effectively replace the private sector in every area of activity where the private sector should be taking the lead. The problem lies much more with the private sector rather than with any attempt on the part of the government to support it.
The report I mentioned, the Jenkins report which came out earlier this week, contained recommendations that call for a significantly different approach with regard to federal support for research and development.
Among other things, the report recommends not only that the program we are talking about be maintained, but also—