Industrial Progress and Human Economics by James Hartness
page 25 of 93 (26%)
page 25 of 93 (26%)
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usually needs curbing to keep him from disturbing his own market
by the creation of newer forms, but these matters are treated under the chapter of invention. The principle element to set forth now is that it is a waste of time and money for a few business men to buy a patent or an invention and then dispense with the service of the inventor. They are merely going to sea without a navigator. On the other hand it is equally true that the inventor must consider the business side of the problem and do all in his power to devise effective means to facilitate the process of manufacturing. The point to be made here is that there is no chance to win in this game by sharp practice. It is only through work and the combined work and energy of all the men in the organization that anyone can win. INVENTOR'S PROPORTION. In the machine tool industries, one-third of the interest in the plant is given to the inventor. This, to the average investor appears to be an unfair proportion, but it is one of those cases in which the broadest vision is necessary, and a glance at the earning power of such organizations as well as the prestige of the inventions, will bear out the wisdom of the general plan in similar industries. The plan, however, should not be considered as something that |
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