Yes, as long as the country has a Creative and Innovative Class capable of generating new products or services in a macro-economic environment capable of purchasing, absorbing, those products or services. "Investing money" in "new product development" when nobody can buy the goddamn things due a macro-economic Austerity collapsing the micro-economy is Neo-Classical Brain Rot© in all its wondrousness.

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre