Hacker News new | ask | show | jobs
by ricardobeat 316 days ago
You could argue that Bell Labs was essentially government funded, as the monopoly/concession of the entire US telephony infrastructure is what made it possible, and research at universities was not funded anywhere near current levels.

They were also forced in the 1950s to license all their innovations freely, as compensation for holding a monopoly. Which only strengthens the parent’s point that private institutions have little incentive to work for public benefit.