This is a very interesting presentation.

On the topic of innovation policy, Mariana Mazzucato argues that governments should take a more active role in driving innovation towards particular goals. Be it electronic warfare / military electronics that begat Silicon Valley as detailed in this presentation by Steve Blank, or getting to the moon before the commies (Apollo program).

See her Ted presentation at https://www.ted.com/talks/mariana_mazzucato_government_inves... or her book "The Entrepreneurial State"