China is already doing this. Its particle accelerators are hotbeds of science research where people from the globe come like honey-bee come to flowers. China is even planning to establish world’s largest accelerator, bigger than LHC, the biggest and highest energy facility in the world now.
If we think democracy is hindering our strides, we better change to communism, shall we? There are certain aspects where Democracy should have little less calling power, but thats possible on two fronts, 1. we realize that we first need world class thinkers and scientists and technologists 2. we realize that we are in safe hand and we can turn democracy off.