This is an astute point, I fully acknowledge and recognize the validity of what you are saying.
However, it is not that simple, it depends on the expected yield curve of the specific effort and its specific context. In some cases that are already “well-funded” there is high value generation which is still below full potential and should be increasingly funded further, e.g. due to economies of scale; in other cases, there are diminishing returns and they should not be funded further.
Similarly, the same is true for “not well-funded” efforts. There are some efforts which have high potential and should be lifted off the ground, and there are others which should be neglected and left to die.
So that is the difference, in general terms. Which case a specific example is in takes some careful consideration to the details to determine.
Oh, found your 2nd reply to me.
This is an astute point, I fully acknowledge and recognize the validity of what you are saying.
However, it is not that simple, it depends on the expected yield curve of the specific effort and its specific context. In some cases that are already “well-funded” there is high value generation which is still below full potential and should be increasingly funded further, e.g. due to economies of scale; in other cases, there are diminishing returns and they should not be funded further.
Similarly, the same is true for “not well-funded” efforts. There are some efforts which have high potential and should be lifted off the ground, and there are others which should be neglected and left to die.
So that is the difference, in general terms. Which case a specific example is in takes some careful consideration to the details to determine.