Boeing was one of the most innovative companies and took major risks to move the state of air travel forward (747 etc.) and that basically came to a standstill after the spreadsheet and finance people took over.
> took major risks to move the state of air travel forward (747 etc.)
That's a very bad example. Boeing failed with the 2707 supersonic transporter because federal funding was cut, and assuming that they'll be left behind by the obvious future of supersonic passenger transportation with the Concorde and the Tu-144, decided to make a plane filling other niches that were going to be left. Like cargo, which wasn't going to need the speed, but needed capacity. The 747 was a dual use cargo and passenger design.
That's a very bad example. Boeing failed with the 2707 supersonic transporter because federal funding was cut, and assuming that they'll be left behind by the obvious future of supersonic passenger transportation with the Concorde and the Tu-144, decided to make a plane filling other niches that were going to be left. Like cargo, which wasn't going to need the speed, but needed capacity. The 747 was a dual use cargo and passenger design.