Word: developed
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Dates: during 1970-1979
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...Bell & Howell: "The biggest problem in the U.S. is not the lack of inventive capacity but the lack of businessmen willing to take the risk investments." The bottom-line obsession of many managers results in quick payoff investments to retool old products rather than expensive long-term spending to develop new ones. Though Texas Instruments this year will spend $155 million on research, Vice President George Heilmeier admits: "We have become conservative and spend less on basic research...
Large technology-based firms like IBM and Bell Labs are also sinking megabucks into research. Bell Labs will spend $1 billion on research this year, with large amounts going to develop fiber optics -systems that carry information in rays of light traveling through slender glass fibers rather than in electric currents moving through bulky cables. IBM's research budget this year will be $1.25 billion, and the company has become the first to master the mass production of a silicon memory chip small enough to pass through the eye of a needle yet able to store 64,000 bits...
...book is hence painfully disjointed; he leaps from topic to topic at random. Redundancy creeps in--a theme introduced in one essay is often uselessly repeated in a second, and not infrequently beaten into the ground in a third. Most seriously, though, these essays are just too short to develop their subject. No sooner do you get caught up in one than Sagan discards it in favor of something fresh...
...black university uncontrolled by the government, Soni said, "would attact South Africa's best black brains and develop education to our needs, not to what the system wants us to learn...
...Institute of Museum Services (IMS) recently awarded a $25,000 grant to the Fogg Art Museum which will be used to cover operational costs and to develop new sources of financial support, Peter L. Walsh, Fogg public relations officer, said yesterday...