Sunday, November 8, 2009

A Link A Day # 301: R&D = Rip off & Duplicate?

Read this neat piece by Bill Taylor titled The New Logic of R&D: Rip Off & Duplicate. Here's an extract to get you interested...

"In 1912, a curious Henry Ford watched men cut meat during a tour of a Chicago slaughterhouse," Bogan and English write. "The carcasses were hanging on hooks mounted on a monorail. After each man performed his job, he would push the carcass to the next station. When the tour was over, the guide said, 'Well, sir, what do you think?' Mr. Ford turned to the man and said, 'Thanks, son, I think you may have given me a real good idea.' Less than six months later, the world's first assembly line started producing magnetos in the Ford Highland Park Plant"

Posted by Anantha.

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