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: 2) by DeathMonkey on Thursday November 30 2017, @06:37PM
Bell Labs was founded in 1925. [wikipedia.org]
The tax rate in 1925 was well above 5% [insidegov.com]
Your good-old-days revisionist history is trivially disprovable.