Jean-Philippe Courtois Quotes
R&D has been an obsession in Europe for many, many years. There is this magical number which many governments aspire to do, and that is to invest at least three percent of GDP in research and development. When you look at the number, it's a composite of private and public investment in R&D.
Courtois, Jean-Philippe. Speech at the European Innovation Summit. European Commission, 12 Nov. 2008.
GDP is Gross Domestic Product—the size of the economy of the country. Israel devotes a larger proportion of its economy to research than any other nation. This is one of the reasons that that have such a highly developed workforce and economy. Israeli science and technology are used in every country of the world including the Arab Nations whose politicians and populace do not even realize that they use Israeli technology as the Arab nations are among the lowest investors in R&D and produces few scientists.
This quotation is important because it illustrates the important research and development role that the Government has played for the most important technological innovations of the second half of the 20th century. Even though most of the computer breakthroughs were developed by private companies, the government paid for most of the R&D and purchased the vast majority of the first computers on the market when private companies had not yet realized the value of computers and with the exception of IBM most of the private sector would invest no money in this unproven technology. This was the same as the telegraph, the railroads and others before and the Internet and more afterward.
Jefferson had been opposed to manufacturing—see {606441} for his view 27 years earlier.
Jean-Philippe Courtois, born 1960, is Executive Vice President and President, Microsoft Global Sales, Marketing and Operations. Since 2015, he is also president and co-founder of Live for Good a french association that aims to help young positiv leaders to develop their social or environmental projects.