It’s been said that the best way to stifle creativity by researchers is to demand that they produce immediately marketable technologies and products. This is also effectively the story of Bell Labs, originally founded as Bell Telephone Laboratories, Inc. in January 1925. As an integral part of AT&T and Western Electric, it enjoyed immense funding and owing to the stable financial situation of AT&T very little pressure to produce results. This led to the development of a wide range of technologies like the transistor, laser, photovoltaic cell, charge-coupled cell (CCD), Unix operating system and so on. After the break-up of AT&T, however, funding dried up and with it the discoveries that had once made Bell Labs such a famous entity. Which raises the question of what it would take to create a new Bell Labs?
As described in the article by [Brian Potter], one aspect of Bell Labs that made it so successful was that the researchers employed there could easily spend a few years tinkering on something that tickled their fancy, whether in the field of semiconductors, optics, metallurgy or something else entirely. There was some pressure to keep research focused on topics that might benefit the larger company, but that was about it, as the leadership knew that sometimes new technologies can take a few year or decades to come to fruition.
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