The Works in Progress Newsletter • 10 implied HN points • 28 Sep 23
- In the past, industrial R&D labs within large corporations led to a surge in innovation, but this trend declined over time.
- The decline of industrial R&D labs has shifted innovation towards small companies, startups, and academic teams.
- Current trends show a resurgence of large firm R&D labs, particularly in Big Tech, driven by factors like anti-tech antitrust enforcement and innovation investments.