The Recession's Silver Lining

  title={The Recession's Silver Lining},
  author={Prakash R. Apte and Giorgio Scalise},
  journal={IEEE Spectrum},
Countless research institutions contributed to the digital, wireless, and mobile technologies that underpin our modern world. But none contributed more than Bell Telephone Laboratories, which logged an astonishing share of the key advances of the 20th century, including the transistor, the cellphone, the digital signal processor, the laser, the Unix operating system, and motionpicture sound. We no longer have Bell Labs to fund research with long-term payback. That has prompted many to wonder… CONTINUE READING


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