laurel on Nostr: #[0] #[1] #[2] #[3] Around that time, and maybe a bit earlier during the 1940s, was ...
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Around that time, and maybe a bit earlier during the 1940s, was when managers in the big American industries were starting to realize that R&D was very important in the long term profitability of the company. DuPont was a pioneer in having a very well funded R&D department. Before that and especially before the 1920s the vast majority of companies either didn't have an R&D department or it was heavily underfunded, even the very big ones like Standard Oil. That's were all those academic graduates were supposed to be going.
And then production was outsourced to China to save some pennies on the dollar. The end.
Around that time, and maybe a bit earlier during the 1940s, was when managers in the big American industries were starting to realize that R&D was very important in the long term profitability of the company. DuPont was a pioneer in having a very well funded R&D department. Before that and especially before the 1920s the vast majority of companies either didn't have an R&D department or it was heavily underfunded, even the very big ones like Standard Oil. That's were all those academic graduates were supposed to be going.
And then production was outsourced to China to save some pennies on the dollar. The end.