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R vs D Posted by Snowmobile [Email] (#686) [Profile/Gallery] (more from Snowmobile) on Sun, 2 Dec 2012 17:28:26 In Reply to: And your point is?, Bill Homer [Profile/Gallery] , Sun, 2 Dec 2012 13:21:19 Members do not see ads below this line. - Help Keep This Site Online - Signup |
I think I wrote this before at some point... but there is a pretty big difference between R and D in real terms of who is working on them and why. Industry is primarily good at D, and in the context of the above, VC funded startups should primarily be doing D most of the time. It is quite reasonable that a VC wants to see some return in 3 years, and it is true that is not often enough to satisfactorily do R. R typically needs long term vision and funding - typically like that in universities and research labs... those kinds of places are typically pretty poor at D, and it makes more sense for them to license tech out to someone else who does the D (with VC funding)...
There are of course exceptions: a fair bit of R has been done at large industrial firms (eg bell labs), but that only really happens once the business is mature enough to be able to support it financially... even so, the % of revenues devoted to R is typically small, and many activities called "R" in that accounting % are so far from "basic research" that most scientists would actually call them "D"...
This stuff is true even for the job hunter: you go to a high tech company saying you want to do "research" and you might not get the job... go there saying you want to develop product and you're hired...
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