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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (5846)8/24/1998 5:50:00 PM
From: Mark Adams  Read Replies (1) | Respond to of 9980
 
In speaking with an associate over lunch, he reminded me that the flaw with pure free market based investment policies is the focus on extreme near term results. It's hard to interest investors in projects that don't payback for 20 years, much less 100.

The Japanese have a reputation for being good savers, and willing to invest in projects that do take longer than a quarter to pay off.

Government funding also came up, last week, when he told me about Nasa Engineers visiting robotics special interest groups, to encourage them to develop the technology. It seems that inside Nasa, projects compete for limited resources. I commented that it was likely that more effort was expending trying to establish funding than doing real work.

That's a good underlying argument for private enterprise getting involved.