Will Calviño be picking and choosing the grantees?
Will Calviño be picking and choosing the grantees?
This is the equivalent of private equity installing someone who knows nothing but MBA material at a biotech company or a ML research company or anything else where domain expertise can actually help.
The EU is actually better at bringing in bits of "technocracy" to let industry experts lend their expertise. I don't know why they are doing that here. I think it's the wrong call.
If you're talking about the domain of startups and companies themselves though, I'll give you that
What does this mean? I can't parse it.
I think that's different to someone allocating public funds well. In my very limited experience of that in the UK, the people involved were completely unaware of what to do, and were convinced by salespeople and partisan semi-internal contractors with a bias. If Elon Musk wants to risk his own money on an internal decision at Twitter, so be it. That's a lot better than risking somebody else's money forcibly extracted from their pockets.
I answered because the guy above me complained about lack of domain expertise
I am in fact talking about start-ups and tech as a domain. That’s the area at issue so they should hire euros who understand those challenges well to fix them.