I’m biased towards believing that culture is far more important to R&D progress than how much capital you can throw at it, atleast once you have above $100M to throw at it. Hamming question is important, for example.
Economists are not the best people to ask about the best culture to run a scientific lab.
I’m biased towards believing that culture is far more important to R&D progress than how much capital you can throw at it, atleast once you have above $100M to throw at it. Hamming question is important, for example.
Economists are not the best people to ask about the best culture to run a scientific lab.