The Price of Forgoing Basic Research
Thursday, December 18th, 2008I cannot agree more with the article The Price of Forgoing Basic Research of Bill Buxton (Principal Scientist at Microsoft Research) on BusinessWeek.
An excerpt:
“But since about 1970, we have been on a path where industry’s investment in basic research has been in decline. At the same time, there has been a significant shift toward applied, “industry-relevant” research within academia. I believe that these trends do not augur well for the future of industry, academia, or society as a whole.”
“The real question is not Can I afford to invest in research? It is, How can I afford not to?”
