Word: profitable
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Dates: during 1980-1989
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...institutions because they were all on the payrolls of companies that have financial stakes in the outcome of the policy debates. It would be equally troublesome if truly neutral scientists could be found but could not discuss their work because of the financial relationships that their universities had with profit-making entities...
...marketplaces where ideas are freely available; where knowledge is pursued by way of the norms of free discussion and the free access to and exchange of information; and where the freedom to publish must obtain. In contrast to the university, the commercial enterprise is appropriately animated by the profit motive. Commercial application of new knowledge typically requires a substantial investment in applied research and development, and commonly in the equipment and physical plant required by new products or methods of production. A profitmaking enterprise will undertake such an investment, and all its associated risks, only when it can reasonably expect...
...from life science to applied technology. Wozniak and some other friends gravitated toward an outfit called the Homebrew Computer Club in 1975, and Jobs would occasionally drop by. Wozniak was the computer zealot, the kind of guy who can see a sonnet in a circuit. What Jobs saw was profit. At convocations of the Homebrew, Jobs showed scant interest in the fine points of design, but he was enthusiastic about selling the machines Wozniak was making...
...first fully transistorized (or solid-state) computer, a machine called Leprechaun. But by then Ma Bell, eager to avoid the wrath of the Justice Department's trustbusters, had sold licenses for only $25,000 to anyone who wanted to make transistors, and the scramble was on to profit from them. William Shockley, one of the transistor's three inventors, returned to his California home town, Palo Alto, to form his own company in the heart of what would become known as Silicon Valley. In Dallas, a young, aggressive maker of exploration gear for the oil industry, Texas Instruments...
...than video games, but last week stocks of most of the industry's highflying participants came crashing down with a thud. Warner Communications, owner of Atari, the king of video games, unexpectedly forecast a slump in fourth-quarter earnings. The news reverberated through Wall Street. Analysts began recalculating profit estimates of the best-known games manufacturers, trying to divine whether the Atari setback had more cosmic implications. By week's end no one was quite ready to declare that the stock market was flashing a bleak "Game Over" for the popular amusements. But it seemed clear that video...