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Economics = MC2 A portrait of the modern physics startup Washington DC (SPX) Apr 24, 2014 For much of the 20th century, many of the technological innovations that drove U.S. economic growth emerged from "idea factories" housed within large companies - research units like Bell Labs or Xerox PARC that developed everything from the transistor to the computer mouse. In recent decades, however, many large high-tech companies have eliminated in-house research programs, turning instead to startup companies as their primary source of breakthrough innovations. "Small startups have replac ... read more |
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