The Evolution Of Science- Based Business: Innovating How We Innovate
Today, the specific technologies driving growth are, of course, quite different than they were a century ago. But, the fundamental lesson - that these technologies may require new organizational forms - is as relevant today now as it was then. This is a paper about organizational innovation and experimentation in the business of science. Science has long been to varying degrees connected to innovation and thus to business enterprise. These firms often face decades or more of highly risky and highly uncertain research before they even hope to earn a profit.