ABSTRACT
In a typical modern hardware development organization, approximately 10 percent of the development budget is typically devoted to basic research. This is research that is not designed to produce an immediate product. An example of such a research facility was the long-standing example of AT&T Bell Laboratories. There were many people employed within this organization that were doing research on theoretical areas that were far removed from the mechanics of a production line. The intellectual property that resulted from this investment was truly astonishing. It produced, among many other things, the transistor that, in turn, fundamentally changed the world in which we live.
