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by fungicide
2417 days ago
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No kidding. CERN takes in public money which it turns into research. It then gifts that research to businesses (frequently owned privately by CERN employees) who then sell products which generate billions in profits. Following the money at CERN is a very complex task, but to the best of my knowledge none of those profits go back to CERN. The gifting of patents seemed like a good thing at the time, but now I think if CERN had a different model, where they kept a small percentage stake in the patents, they would have more than enough cash now to fund themselves and build the next collider, without all this daft lobbying and
begging for public money. |
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1. Technology transfer to an existing business 2. CERN employee starts a business to commercialise it 3. Nothing useful is done at all
Obviously people that originally worked on this research will have a head start when it comes to commercialising it. Most research never leads to anything commercial (at least not withing a reasonable time-frame)