In light of Tesla Motors‘ May 2013 announcements that the company earned its first quarterly profits in its 10-year history and, subsequently, repaid its loan from the Department of Energy (DOE) nine years ahead of schedule, it seems like an appropriate time to revisit the question: Can Congress and federal agencies play a significant role in developing innovative solutions to the nation’s most intractable problems? In modern American history, one must look no further than the Defense Advanced Research Projects Agency (DARPA) to make the case that the federal government can play a role in creating and promoting innovation.
To read the original article: What is the U.S. Federal Government’s Role in Creating Innovation?
