It is a very good idea (and I mean that more than fatuously). Have you discussed it with Frank Press or Dick Atkinson?
But I think many companies will demand to keep their R and D close to the vest and worry about proprietary rights and secrets.
But plainly a tax credit will bolster corporate philanthropic motives and may be the most effective where there is a commons
in the public exploitation of new knowledge.
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Is Pat Haggerty still active on this?
Do you still exercise ARPANET? I log in 2-3 times per week still
P.S. I expect to attend a fair number of the CFR early eves. If you do, please tarry for a drink.