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How is that better for R&D scientists and engineers? They now have to come up with a possible technology progression, secure funding, build out the tech using
by thatcat 6y ago
How is that better for R&D scientists and engineers? They now have to come up with a possible technology progression, secure funding, build out the tech using some secondary business model, and then convince the corp to buy their company. It only seems more efficient for the corporation.
- LatteLazy 6y agoThey actually get rewarded when they succeed. The man who invented artifical diamonds, a billion dollar industry, got 10usd savings bond. Plus no bureaucracy. https://en.m.wikipedia.org/wiki/Tracy_Hall https://en.m.wikipedia.org/wiki/Tracy_Hall Also, I imagine that getting funding from a pool of VCs (looking to fund long shots, with some expertise in the field maybe) is easier than from a single CEO who happens to run the place and has to justify all this on quarterly earnings statements etc...