Sunday, August 5, 2012

Corporate Research Labs

Corporate research labs seem to be becoming a thing of the past. Computer companies have been slowly dropping them over the years, although I believe IBM still has a few. Pharmaceutical companies have been slowly downsizing for decades.

This often seems to be more a failure of management appreciating them than them actually failing to produce meaningful products. I just ran into a great article making the case that while PARC did fail to capitalize on many of the great inventions made there they still made a huge return on investment for Xerox on what few inventions they did manage to put on the market.

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