Tax Litigation: The Week of September 19th, 2022, through September 22nd, 2022 Goddard v. Comm’r; Lee, Goddard, & Duffy, LLP v. Comm’r, T.C. Memo 2022-96| September 19, 2022 |.
Open Innovation R&D has evolved from a private company effort to a collaboration
between private, public and academic partners. Sarah Harney | December 2004
Seventy-five years ago, at the dawn of the Great Depression, the owners of the Columbian Rope Co. made a daring move. While other manufacturing companies were cutting back, Columbian pressed forward with plans to create a New Products Research Laboratory adjacent to the rope company s large factory in upstate New York.
The young scientist Columbian selected to run the lab was my grandfather, Edgar Johnson, then a chemistry professor at Cornell University. It was a classic example of private industry luring a significant talent out of academia. In 1930, Johnson left the cozy intellectual sophistication of Ithaca and moved his family including my concert-pianist grandmother forty miles north to the factory town of Auburn.