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Sunday, October 16, 2011

Making profit from physics

''Thompson [Lord Kelvin] too was deeply attached to the notion of scientific knowledge or capital which generated compound interest available for reinvestment in intellectual capital or for exploitation in industrial application. Patented inventions represented the latter component in the capitalism of intellectual property, that is, the marketing of the 'materially embodied' products of scientific research to commercial interests.''


In Norton & Wise, Energy and Empire: A Biographical Study of Lord Kelvin, p. 707.
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