Is Most new knowledge is funded by tax dollars.?

Answer 1

For the most part, new knowledge in any field is usually created from the private sector. Basically the belief is that if left on their own, private companies have the profit incentive to create new knowledge that creates new products for the marketplace. With no profit motive from governments, new knowledge is a rarity from the government sector.With that said, often times the government sees that new knowledges are necessary and often times gives tax break incentives to help private industry work on new needed ideas. In that situation, it can be said that tax dollars help create new knowledge.