|
|
|
|
|
by Cyph0n
3424 days ago
|
|
If for-profit research didn't exist, we probably wouldn't be able to have this discussion. Do you think the likes of Bell Labs and IBM Research would have been making scientific breakthroughs if there were no financial incentive to do so? Let that sink in for a moment. Beating the competition to make more money is the primary goal behind corporate R&D expenditures. It's essentially a form of investment, which means that it has to eventually make the company some kind of return. The great thing is that we get the results of breakthroughs in the form of publications, patents, and eventually we see them in products. Sometimes the company decides to just release the results royalty-free: a great example of this is Volvo and the modern seatbelt. |
|
Maybe not, but I think even for-profit research should alwats be made freely available at some point, regardless of its value. The financial incentive may be necessary but to me it's a perverse incentive.