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by abalashov
3946 days ago
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With a great deal of government subsidies and grants. Left to own devices, private companies don't do theoretical, long-tail R&D, and you can see this in the fate of Bell Labs under the tutelage of Alcatel-Lucent. Its staff was cut 90% and their projects were subordinated to narrow, short-term commercial objectives with a 3-5 year go-to-market horizon. Such an environment does not churn out transistors, fibre optics and TCP/IP. |
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