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He and his partner, Al Fielding, had created a "textured plastic wallpaper" in 1957 and had been trying to find a profitable application for it ever since.
Ever faithful that Mooradian's invention could find a profitable application, the venture syndicate agreed to plow an additional $33 million into Novalux, this time with the goal of building chips for high-definition televisions and computer monitors.
After a while the technologies and patents were passed over to Worlds Inc., who took it upon themselves to seek a profitable application for the material.
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Since Ray Ozzie's Disruption Memo 5 years ago this month, Microsoft has moved from a landlocked desktop company to one poised to launch its most profitable application suite in the Cloud.
Indeed frequency regulation is even recognized as the most profitable application of energy storage in power system [12].
The academic life seemed to have it all: freedom to explore your intellectual curiosity without the economic pressure to find profitable applications for your research; a more laid back lifestyle with flexible hours; a nearly nonexistent dress code; decent pay, prestige, and the chance to mold young minds.
What computers scientists should be researching, he argues, is how the phenomenon of intelligence itself arises from the human brain – a question that those focused on data-led machine analysis (and its profitable applications) have increasingly side-lined.
While DizzyCity could be a virtual helping hand for travelers, who could use it to plan their trips, the company is interested in more practical, and profitable, applications, Mr. Ferreira said.
Yet they are making this switch just as some profitable applications are at last starting to emerge from microsystems.Mechanical miniaturisation has a long and noble history that predates microelectronics.
This year the festival, while as committed as ever to the difficult and the esoteric, devotes its opening program to one of the most popular (and profitable) applications of video technology, namely video games, which have recently superseded movies as the culture industry's biggest money machine.
How much of that has led to interesting, productive profitable applications?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com