Government money for the inventor

Abstract

Since the National Research Development Corporation was established in 1948, over 20 000 inventors have passed through its mail box or doors, but less than 5% of their ideas were taken up. How have its senior executives used the talents given to them? Today NRDC has a capital of £50 m. behind it and some notable successes to its credit. It has made its first book‐keeping profit in its 20th year of operation. Stafford Beer, Consultant to IPC and Professor Gordon Wills, Editor of Management Decision, talked recently to JOHN DUCKWORTH, Managing Director of NRDC.

Citation

(1969), "Government money for the inventor", Management Decision, Vol. 3 No. 2, pp. 20-23. https://doi.org/10.1108/eb000890