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A new article reveals that large corporations are investing less in science. From 1980 to 2006, publications by company scientists have declined in a range of industries. The result holds across a range of industries.
Investigators also found that the value attributed to scientific research has dropped, whereas the value attributed to technical knowledge (as measured by patents) has remained stable. Companies appear to be focusing more on developing existing knowledge and commercializing it, rather than on creating new knowledge through basic research.
https://www.sciencedaily.com/releases/2017/11/171127124929.htm
[Abstract]: The decline of science in corporate R&D
Remembering AT&T Bell Labs, IBM Labs, Xerox PARC, HP Labs, TI, etc. In the current political and economic situation, do you think companies in USA have the will and means to reverse this decline?
(Score: 0) by Anonymous Coward on Thursday November 30 2017, @06:41AM (3 children)
Spending NASA money and doing (private) research may be two different things.
Just sayin'
(Score: 1) by khallow on Thursday November 30 2017, @06:48AM (2 children)
Why spend your own money for research, when you can spend, say NASA's money (or any of the many other agencies in the US and elsewhere that engage in basic research funding), for your research? Privatize the profits, socialize the risks.
(Score: 3, Insightful) by c0lo on Thursday November 30 2017, @09:58AM (1 child)
Why do research at all when you can spend NASA's money for nothing?
https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford
(Score: 2) by DannyB on Thursday November 30 2017, @04:16PM
Congrats. That's the winning business plan of the day sir!
The people who rely on government handouts and refuse to work should be kicked out of congress.