3 ms·
Leveraging (especially pooling) the massive R&D resources of large, secure companies, while also ensuring that they stayed large and secure, was a big part of h
by ashark 11y ago
Leveraging (especially pooling) the massive R&D resources of large, secure companies, while also ensuring that they stayed large and secure, was a big part of how Japan went from a poor, ruined post-war country to a tech powerhouse so quickly. It's my personal go-to example when faced with the assertion that low-intervention, high competition markets are always the best idea, without qualification.