3 ms·
The Wrights were motivated by money. They wanted to get rich off of licensing their technology. They turned out to be fantastic engineers, but not so good at m
by WalterBright 2y ago
The Wrights were motivated by money. They wanted to get rich off of licensing their technology.
They turned out to be fantastic engineers, but not so good at making money.
- bryanrasmussen 2y agoaccording to the U.S Park Service they got rich, but looked forward to being able to retire and devote themselves to scientific research again https://www.nps.gov/articles/wright-brothers.htm https://www.nps.gov/articles/wright-brothers.htm
- WalterBright 2y agoThey got rich after they stepped down from management.
- cryptonector 2y agoIt turns out that greedy patent licensing schemes kill the patented ideas rather than lead to innovation. Patents themselves can be worthwhile for society, but we need patent lifetimes that comport to each industries typical R&D cost recoup times, not 20+ years.