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Thread: Incentives

  1. #1 Incentives 
    Forum Radioactive Isotope cosmictraveler's Avatar
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    How can one company that does not receive Federal grants compete with companies that do? If there were 5 companies trying to find a cure for cancer but only one received a Federal grant , how can the other 4 companies ever stand a chance of developing their ideas if there monies are limited but the other company with Federal aid has a unlimited supply so doesn't need to worry about running out?

    What would be the incentive to continue research if you knew that your company would not be able to adequately fund itself after it runs out of funds?


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  3. #2  
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    Your company has a better ideas.
    Your company doesn't have to follow restrictions, administrative cost and conditions imposed as a condition of receiving federal funding.


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  4. #3  
    Forum Sophomore pineapple007's Avatar
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    Quote Originally Posted by Lynx_Fox View Post
    Your company has a better ideas.
    Your company doesn't have to follow restrictions, administrative cost and conditions imposed as a condition of receiving federal funding.
    Sometimes, but I doubt it. The reality is that government spending is based on lobbyists who contribute to the politician. So it comes down to what industry your competing in. If the competition is subsidized and your not the chances of success are low, imo.

    Green energy is one such industry that would not be in existence if not for government spending and incentives. Even with massive government spending and incentives to the public to support solar panels Solyndra went bankrupt due to foreign competition. Wind turbines are another example of a bad idea supported by government funds and incentives.
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    Forum Sophomore pineapple007's Avatar
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    Quote Originally Posted by cosmictraveler View Post
    How can one company that does not receive Federal grants compete with companies that do? If there were 5 companies trying to find a cure for cancer but only one received a Federal grant , how can the other 4 companies ever stand a chance of developing their ideas if there monies are limited but the other company with Federal aid has a unlimited supply so doesn't need to worry about running out?

    What would be the incentive to continue research if you knew that your company would not be able to adequately fund itself after it runs out of funds?
    I know a fellow that invented a ground pollution clean up machine. He sold the original with patent but continued research that enabled him to modify the machinery to sell the machine with patents to others. The incentive could be the continuing research becomes your exclusive property.
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    Even with massive government spending and incentives to the public to support solar panels Solyndra went bankrupt due to foreign competition.
    Due mostly not so much by competition but foreign government investment.
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    Ascended Member Ascended's Avatar
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    Well it now looks like the BoJ are planning to pump the equivalent of billions of dollars into their economy to keep the value of their currency down and make their exports more competitive, if this indeed does lead to tighter trade restrictions or start a war of competitive devalution then indeed many US companies many require Federal assistance to help compete in their own domestic market nevermind on the world exports market.
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  8. #7  
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    Quote Originally Posted by pineapple007 View Post
    Green energy is one such industry that would not be in existence if not for government spending and incentives. Even with massive government spending and incentives to the public to support solar panels Solyndra went bankrupt due to foreign competition. Wind turbines are another example of a bad idea supported by government funds and incentives.
    You neglect to mention that the current winner in the solar competition is from producers in China that receive even larger contributions from their government.

    As for wind, in the Pacific Northwest, the biggest problem wind producers have faced is a lack of infrastructure available to get their energy to markets in other regions (a lack of infrastructure in this case meaning lack of government investment in said infrastructure.) The Pacific Northwest region's market is already saturated by its hydro-electric capacity. If there existed a second long range transmission system into California, the wind power would have a market and would be plenty profitable. They basically had to just shut their windmills down in 2011 because the hydro dams called "first dibs". And the government ruled (interfered) that the dams could sell first.

    http://www.huffingtonpost.com/2011/0..._n_861997.html
    Last edited by kojax; April 11th, 2013 at 10:07 PM.
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  9. #8  
    Forum Radioactive Isotope sculptor's Avatar
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    crazy stuff
    the government seems reluctant to do anything that might be seen as competing with private enterprise.

    we do not have a unified national energy grid
    ok--so we're a big country
    but
    providing infrastructure where private industry doesn't want to spend the bucks seems a no-brainer
    (bitch,complain,mumble grumble)
    wind power, bakken natural gas, many other instances where a unified approach could optomise a resource seem to be the things we should be investing in.
    remember
    when enron got power plants to shut down so they could hike the prices for electricity in california
    .........(bitch,complain,mumble grumble)
    i ain't completely confused, but I am working at it
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