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Funding momentum is shifting to private sector research financing. Apple may spend on order of $10B on research this fiscal year. But even higher dollar outlay
by ArtWomb 7y ago
Funding momentum is shifting to private sector research financing. Apple may spend on order of $10B on research this fiscal year.
But even higher dollar outlays will not solve the problem of the "chasm". An invention made under laboratory conditions requires a lot of finesse before it becomes a mass market consumer product. And product design and go-to-market strategy are not skills found in your typical inventor's wheelhouse.
I'm curious to hear if anyone has had an experience with the "invention services" industry. The few insiders I've spoken to seem to be more interested in revenue generation via litigation, than actually ever developing a product! Seems like a service ripe for disruption...