The "google-killer" or "SK AI project" or the "5th generation project" for that matter are quite different. First, they start with an ill-defined yet concrete goal, which makes success well nigh impossible. Second, they start from the position of a large sum of money being necessary -- which naturally attracts inappropriate as well as appropriate bids; the deciders are often more political than with the MPG (which itself, consisting of a group of people, must have its own politics, but presumably less intensely). Also this money is often a one-time or short term allocation rather than a long term investment as with the MPG.

The one example I can think of in which this actually worked was Airbus, but that took decades, massive sums, and a stubbornness to change the structure a lot along the way. Not sure I can think of another example.