To Microsoft, Basic Research Is Good Insurance - Bits Blog - NYTimes.com

[David Farber <dave () farber net>]

http://bits.blogs.nytimes.com/2009/08/16/to-microsoft-basic-research-is-good-insurance/?ref=technology

"Microsoft, he added, is a major sponsor of university research. More  
than 15 percent of the company’s basic research budget goes to  
universities. Microsoft does not disclose its total basic research  
budget, but it is estimated at $300 million a year.

Basic research, Mr. Rashid said, is in good part an insurance policy,  
giving the company a rapid-response capability. “You have it so that  
when something happens that you don’t expect, you can adapt quickly,”  
he said.

Open innovation models are fine, Mr. Rashid said, but they have their  
limits. “Investment in basic research is an investment in survival,”  
he said. “I don’t know how you outsource that.”"


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