An article worth a read. This piece on the NY Times chronicles the working culture at Bell Labs.
Today, we use the word “Innovation” to catalogue any improvement e.g a smartphone app. Au contraire, the culture of making things fast and believing in small iterations may not always result in disruptive changes which create long-term value. Examples of innovation at Bell Labs include the Transistor, Lasers, Unix among so many others which defined the late 20th century.
Innovation and the Bell Labs Miracle – NYTimes.com.
The Sci-Templar 