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Most large industrial concerns are limited by policy to special directions of expansion within the well-established field of the company. On the othe… - Edwin H. Land
" "Most large industrial concerns are limited by policy to special directions of expansion within the well-established field of the company. On the other hand, most small companies do not have the resources or the facilities to support "scientific prospecting." Thus the young man leaving the university with a proposal for a new kind of activity is frequently not able to find a matrix for the development of his ideas in any established industrial organization.
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About Edwin H. Land
Edwin Herbert Land (May 7, 1909 – March 1, 1991) was an American scientist and inventor. Among other things, he invented inexpensive filters for polarizing light, a practical system of in-camera instant photography, and his retinex theory of color vision.
Biography information from Wikiquote
Also Known As
Native Name:
Edwin Herbert Land
Alternative Names:
Edwin Land
•
E. H. Land
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If you sense a deep human need, then you go back to all the basic science. If there is some missing, then you try to do more basic science and applied science until you get it. So you make the system to fulfill that need, rather than starting the other way around, where you have something and wonder what to do with it.
What do I mean by the Generation of Greatness? I mean that in this age, in this country, there is an opportunity for the development of man's intellectual, cultural, and spiritual potentialities that has never existed before in the history of our species. I mean not simply an opportunity for greatness for a few, but an opportunity for greatness for the many.
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Who can object to a monopoly when there are several thousands of them? Who can object to a monopoly when every few years the company enjoying the monopoly revises, alters, perhaps even discards its product, in order to supply a superior one to the public? Who can object to a monopoly when any new company, if it is built around a scientific nucleus, can create a new monopoly of its own by creating a wholly new field?
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