4 ms·
This is actually a myth that was recently busted. See this paper, which presents compelling empirical evidence of the aircraft industry from that time to show t
by throwawaykf05 12y ago
This is actually a myth that was recently busted. See this paper, which presents compelling empirical evidence of the aircraft industry from that time to show that there was no such hold-up:
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2355673 http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2355673
Unfortunately, this is one of those myths, like the one of Watt's patents holding up development of steam, that gets repeated so often that people accept it without question.