Webcast: Bill Gates at Columbia University
Transcript: Bill Gates at Princeton University:
One of the best investments Microsoft ever chose to make was as soon as we could afford to do it we started going after this long-term research. It's out of that research activity that a lot of our great innovations have come. As we did that, we had the concern that many companies who have done advanced research haven't been able to flow it into their products. In our industry Xerox is very famous for having contributed to research and then the various products they tried to build out of that were not a success. So they, in a business sense, really didn't get any return at all from the work that they'd done.
In our case, by having the right kind of researchers, having the product people love to spend time with them, really getting it out and showing what they're doing, our experience has been quite the opposite.
In our case, by having the right kind of researchers, having the product people love to spend time with them, really getting it out and showing what they're doing, our experience has been quite the opposite.
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