Lead time to another harvest...

I've been arguing on different forums that people got addicted to the late '90s returns on hi-tech innovation, without understanding that they were harvesting the fruits whose seeds were planted for ~45 years (read, investments in fundamental science and such). In a recent exchange on LinkedIn, the following link came up.



Right now, we can see that innovation still goes on in the Military and bio-sciences. Indeed, it's due to the big money spent on these.