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RE: The Innovation Problem

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RE: The Innovation Problem
Topic: Technology 12:49 am EST, Dec 29, 2008

dc0de wrote:
I hate to say it, but if you want to work for Large Corp, you get the stable job, with the stable pay, and the stable benefits.

Stable Job? Stable Benefits? Frankly, big companies have been slashing healthcare benefits systemically for years and various big company management fads such as reorganization, outsourcing, and offshoring have completely killed the notion that corporate jobs are stable. My friends who aren't allowed to wear jeans to work still fear layoffs.

I honestly think the big difference between working in small versus large organizations is that the former offers freedom but demands flexibility... to be effective at a startup you have to be a generalist... whereas the later provides a more conformist environment but allows people the space and time to dig deeply into single, highly specialized areas that small companies can't afford to devote entire headcounts to.

I don't think the one should really look down its nose at the other. They are doing different things. Big companies tend to gravitate toward academic research because it suits them - they have money to allow people to devote their lives to developing a deep understanding of narrow technical subjects - the value of which is applied by other people - by teams of people. There is something to be said for digging that deep into a technical matter without having to be concerned with its short term contribution to revenue. But big companies are not good at going after new opportunities, because they have all these specialized people who are organized in a system to mine the old opportunity. It is easier sometimes to build a new system to pursue the new opportunity than it is to try to change the way an entrenched system works.

One of the problems that we have in our economy is that opportunities that are developed by these people who have devoted their lives to the deep exploration of a technical matter are often prevented from being realized by intellectual property laws that tie them to the interests of large companies who are ill suited to pursue them. A legal system that is more devoted to the vigorous defence of property rights than to the promotion of innovation is going to produce more centralized wealth at the expense of technological progress and overall standard of living/overall wealth. The fundamental idealogical fallacy in our society is the idea that maximizing property rights makes people in general more wealthy. In fact, a society can achieve its greatest wealth potential by maximizing innovation, which is a different value than property rights and the two are not always aligned.

RE: The Innovation Problem



 
 
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