Bell the telecom company was a monopoly that financed Bell Labs. Bell Labs did not go down in flames when Bell was partitioned in 1982, and continued providing the world with great achievements.
Bell the telecom company was a monopoly that financed Bell Labs. Bell Labs did not go down in flames when Bell was partitioned in 1982, and continued providing the world with great achievements.
Also, while Xerox PARC was also a legendary research institution in its day, I don't put it at the scale of Bell Labs, which touched a much broader array of fields. To quantify this distinction, compare the research budgets in 2018 dollars:
- Xerox PARC: ~$450 million (http://articles.latimes.com/2001/dec/12/business/fi-parc12)
- Bell Labs: $6 billion (https://www.nextbigfuture.com/2015/08/comparing-research-bud...)
These sources might be imperfect.
I guess it's totally different because google only uses their duopoly position in ads to finance everything else.