Otto’s Ozoniser and the Value of Nurturing Inventors
Marius-Paul Otto (1870-1939) used his entrepreneurial spirit to innovate.
Entrepreneurs are often portrayed as heroes, but economist Marianna Mazzuccato showed that tech innovation relies on decades-long government funding.
Those who later mash up fundamentals into new products are wont to forget this intellectual cradle, especially when the delicate subject of taxation is raised.
Universities support entrepreneurial students and academics, but there is tension about ownership of intellectual property, as seen in the career of innovator Marius-Paul Otto.
Author's summary: Marius-Paul Otto's innovations highlight the importance of nurturing inventors.
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