Comparison of various research budgets, including Bell Labs in the 1970s: https://www.nextbigfuture.com/2015/08/comparing-research-budgets-of-1970s.html … About 1.5 billion per year in today's dollars.
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Are you familiar with this book? https://en.m.wikipedia.org/wiki/The_Idea_Factory:_Bell_Labs_and_the_Great_Age_of_American_Innovation … - some further pieces of the puzzle, including the long-term strategy that included fundamental research mixed in with the overall applied goal.
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I know the book well. My tweet was a response to the idea that other things matter. I'm skeptical.
End of conversation
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Reminded me of “The Idea Factory: Bell Labs and the Great Age of American Innovation” by Jon Gertner.
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My guess: 20%, 5%, 75%
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And leaving people like Claude Shannon alone to come up with brilliant ideas
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Right place, right time, also...
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