[ardit33]

It is not a myth, but well known. Startups take something that is already researched, and further develop it and commercialize/monetize it.

I think the myth might be more in the layman/general population, but most people in the tech world know this.

[mempko]

Yes! I guess I should be more precise thanks. It's a myth the tech world propagates to the general public. Updated my original comment.