Yeah, I think this generalizes to: Capital is very short-sighted - always. Have you read Entrepreneurial State? I just googled it and it looks good, will add to my reading list. This reminds me of the book @Gavin linked to, Venture Investing in Science.
not yet the book, but i’ve watched mazzucato’s ted talk, lots of reviews and interviews on the book and related topic, and also follow mazzucato’s progress. 
surya
if you are pressed for time just enter “mariana mazzucato” on youtube search box and watch several videos.
she’s popular because she’s a good public speaker.
also, a side note, the late jon tennant have met her way before when she become famous.
Thanks! I’ll dig a little deeper, I’m sure I probably agree quite strongly with her thesis.