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But it has spawned a new generation of research outfits.
The California Institute for Regenerative Medicine awarded $12.1 million to 16 universities and nonprofit research outfits throughout the state.
The move comes several years after Wall Street's big research outfits were tarnished by accusations of being too bullish on technology stocks.
It also stretches to clusters of research outfits in the Boston area and around the National Institutes of Health outside Washington.
In some ways, Google represents the internet-era equivalent of Bell Labs or Xerox PARC legendary corporate research outfits that shaped the evolution of technology in earlier periods.
IN a nondescript Soviet-era building in a suburb of Estonia's capital, Tallinn, is one of the telecommunications world's most important research outfits.
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Last quarter, its market share improved by three-tenths of a percentage point to 16.6% versus 82.2% for Intel, according to Mercury Research, an Arizona-based research outfit.
That will involve an investment of at least $6.3 billion, according to New Energy Finance, a research outfit.
CreditSights, a research outfit, called its report "Moody's Makes Aaas of Itself".
The Japan Productivity Centre, another research outfit, reckons it could generate 100,000 jobs.
In the latest example, Greentech Media, an environmental news and research outfit, has raised $2.75 million in a second round funding.
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CEO of Professional Science Editing for Scientists @ prosciediting.com