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How investing in big science benefits industrial innovation World Economic Forum

Big science projects increase knowledge about phenomena that are fundamentally important for humankind. Projects such as CERN, ITER, the international fusion project in France, the Square Kilometre Array radio telescope in Australia and South Africa, and the International Space Station advance scientific understanding with the potential for solving existential threats to humanity. Collectively they have budgets of hundreds of billions of dollars and produce major benefits for industry.

Image: Big science projects advance scientific understanding with the potential for solving existential threats to humanity. Image: UNSPLASH/Ryo Tanaka