As the history of the computer mouse shows, the problem is not a lack of technology. The problem is making it economically viable. Consider the history of the computer mouse, which was invented long ago but sat in the laboratory waiting for someone to improve it and make it accessible to consumers via that crucial ingredient: capital investment. Contrary to the usual claims, the accumulation and investment of capital is far more important to the progress of civilization than R&D alone. [Full Article]The Mouse and the Market
As the history of the computer mouse shows, the problem is not a lack of technology. The problem is making it economically viable. Consider the history of the computer mouse, which was invented long ago but sat in the laboratory waiting for someone to improve it and make it accessible to consumers via that crucial ingredient: capital investment. Contrary to the usual claims, the accumulation and investment of capital is far more important to the progress of civilization than R&D alone. [Full Article]All Rights Reserved ©
