Re:Every company should be owned by its employees
by bccdee on Saturday July 27, 2024 @09:08PM
(#41090535)
> The profit motive is why they get the capital to do the R&D.
A massive amount of research is funded by public grants. iPhones are a famous example of a private-sector product almost entirely created off the back of public research. It is absolutely not true that private investment is required for pharmaceutical R&D.
A massive amount of research is funded by public grants. iPhones are a famous example of a private-sector product almost entirely created off the back of public research. It is absolutely not true that private investment is required for pharmaceutical R&D.