It has been claimed that it doesn't. The claim is: government funded research was, for all modern purposes, non-existent before 1920, and yet the pace of development and growth in science, technology and wealth remained constant into the modern day.
This should help our understanding.
Goto where the farmers are burning down the rain forests
I did that, but I was in the middle of the carbon cycle, and now I have no idea where I am in this program's execution!