Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Doc Sportello

(7,962 posts)
9. Thank you for the OP
Thu Nov 3, 2022, 02:55 PM
Nov 2022

I think most people think big companies have large research programs like Bell Labs did many years ago. The truth is these companies found out it is much cheaper to give grants that sometimes total in the hundreds of thousands of dollars over several years while well-trained upper level or grad students do most of the work for low wages, parents and loans pay most of their way through school, universities provide the facilities, and the big companies walk away with new products they make tens of millions or billions on those products.

It's not just pharma either. One group I worked with developed the technology used in most cell phone cameras and another developed technology used to prevent hot electron damage in small computers like those used in cell phones. The latter had to sue one giant company in order to get some compensation, which they agreed to - after about two decades.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»Region Forums»California»New Report by Rep. Katie ...»Reply #9