47
zEntirely
appropriately, industry R&D (at least in
IT) is heavily focused on D – product and process
development
zMicrosoft’s
investment in Microsoft Research – unquestionably one of the world’s great IT research
enterprises – is nearly unique
y30
years ago, IBM, Xerox, and AT&T represented a
huge proportion of the “IT pie”
yEach
had a great research laboratory focused more
than 18 months out
The nature of industry R&D