What would you say is different from say 50 years ago ?
Why is it that now everything says "Made in China" while less than 40 years ago everything said "Made in USA" ?
Why does china have ~200 COVID19 vaccines while the US only has 3 or so ?
Going back to your thesis - I don't think the current situation is a fit for a government-mandated solution. I would think the exact opposite is true. I think the system today is exactly what results when you mix hard science with bureaucratic government procedure.
Science has taken several steps back due to government interference. You can't cure this patient by giving him a stronger dose of the same poison.
If anything , you simply need to think how we can remove all the bureaucracy and academia, out of science. Universities need to be decoupled from research. We need to get people to stop rewarding papers and grant-writing, and instead to start tinkering on their own, unhindered.
But where do these money/resources come from? What stops somebody from "tinkering" in a way that does not produce any useful results, but is costing money?
The grant writing process sucks a lot. But it serves a purpose (albeit poorly) - that of weeding out people who aren't actually interested in producing output, but want the grant as "free money". Unfortunately, the grant writing process is costly (for the researchers), which takes the time away from the actual research.
And sometimes they do nasty stuff:
https://en.wikipedia.org/wiki/Software_Engineering_Institute...
I didn't imply otherwise.