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Explore how fundamental scientific discoveries drive economic growth and societal transformation in this 48-minute World Economic Forum conference talk. Examine the historical impact of breakthrough research, from DNA discoveries that launched the biotechnology sector to fiber optics and digital imaging technologies that enabled our modern networked society. Analyze the current challenge facing global innovation as public research and development commitments have stalled for the first time in two decades. Investigate strategies for reinvigorating a growth model that positions science as a strategic engine for prosperity rather than viewing it as a mere cost center. Gain insights into the critical relationship between scientific investment and long-term economic competitiveness while understanding how to foster an environment where fundamental research can continue to shape industries and society.