After companies get to be a certain size it gets tougher and tougher to do basic research. Part ofbitbia corporate culture part is fear of undermining existing products. The examples where this isn't true (lockheed Martin's skunkworks, Apple) are very rate. More common are large companies shifting from innovation to services (IBM an GE). This makes sense. Will one company necessarily know how to commercialize a techn…
The Comeback of Xerox PARC
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Re: The Comeback of Xerox PARC
#12After companies get to be a certain size it gets tougher and tougher to do basic research. Part ofbitbia corporate culture part is fear of undermining existing products. The examples where this isn't true (lockheed Martin's skunkworks, Apple) are very rate. More common are large companies shifting from innovation to services (IBM an GE). This makes sense. Will one company necessarily know how to commercialize a techn…
VCs have their place, but they fund ideas with shorter runways. It's the opposite model to research.
Re: The Comeback of Xerox PARC
#13After companies get to be a certain size it gets tougher and tougher to do basic research. Part ofbitbia corporate culture part is fear of undermining existing products. The examples where this isn't true (lockheed Martin's skunkworks, Apple) are very rate. More common are large companies shifting from innovation to services (IBM an GE). This makes sense. Will one company necessarily know how to commercialize a techn…
I would argue the exact opposite: larger companies tend to have enough resources floating around to be able to perform research. e.g. Bell Labs, PARC, Watson, BBN... VCs have their place, but they fund ideas with shorter runways. It's the opposite model to research.
Smaller firms lack development dollars but have more flexibility in finding a market niche. For early stage innovation, being small also can force simplicity.