The Real Reasons Companies Are So Focused on the Short Term
Harvard Business Review
DECEMBER 13, 2017
From 1970 to 2004, the percentage of CEOs hired from outside the firm increased from 12% to 39%. The shift in patenting policy was not to protect innovations, but rather to license them and/or to use them as chips to gain access to other firms’ technology. Instead of decentralizing R&D, recentralize it.
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