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by adamnemecek 3910 days ago
It probably depends on the type of research that you do. Drug research is expensive. But I think that you can do something like Xerox PARC (it seems like YCR might be going for something similar) with relatively little money. It appears that in 2001 their budget was $65m (http://abcnews.go.com/Business/story?id=86872). I'm not sure if their budget was larger during the 70's but that's not that much money considering what came out of there.
1 comments

From what I can tell, back in the 70's Xerox PARC's annual budget that focused on computing was $10-14.5 million in today's dollars, which seems fairly cheap. But it took multiple years to develop it.

This also feels like cheating because we're targeting extremely successful research. If we knew ahead of time which research would be successful it would be a lot cheaper to do.