Tag: innovation

My wife posted this picture on my Facebook page. I copy it here because the picture made me think, and that led me right into a patent and copyright approach that I have been toying with for a number of years.

 

First of all, I could not figure out where the picture came from (who owns it), but if I am infringing a copyright please let me know and I will sort things out. Interestingly my idea is an improvement on the concept in the picture, and therefore may skirt copyright issues. Regardless, I very strongly believe in reasonable intellectual property rights.  read more »

A recent Wall Street Journal article named The Myth of Basic Science by Matt Ridley makes a fascinating argument that government spending on basic science does not result in technical innovation. The article argues that, instead, most innovation results from tinkering, and only after the tinkering results in new technology, will science catch up to fully explain it.

 

It uses steam as an example where it notes that the science of thermodynamics did not mature until after basic steam engines were invented and operating. In other words, the article argues that science simply fills in the knowledge gaps of innovative ventures.

 

It then goes on to argue that therefore government sponsored basic science is a not an effective investment.

 

As often is the case, Wall Street Journal and its writers raise an interesting point but jump to conclusions rather than fully working through the problem.

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