Comment by mike_hearn
4 hours ago
> So corporations largely stopped funding private research labs like Bell and instead entered into public-private partnerships
They didn't though. Bayh-Dole was 1980. All the big tech firms have invested massively in R&D since then, and I think it's also true for many non-tech industries or tech-adjacent (e.g. chip manufacturing, oil and gas).
Most tech companies appear to put basically all their engineering/ product orgs down as R&D. That's probably not how most people understand the term.