Alcatel-Lucent 1947, John Bardeen, Walter Brattain, William Shockley of Bell Labs invented the transistor. In 1956, they received a Nobel Prize for their invention. The transistor led to an electronics revolution during the post-war boom. The transition from vacuum tubes to transistors enabled all technologies to be built on a smaller scale and use less electricity. Items that before required large dedicated spaces, could now fit into a home or even on a kitchen counter. In 1954, Gerald Pearson, Darryl Chapin and Calvin Fuller invented the solar cell. Telstar, the first active communications satellite also developed by Bell Labs and launched
The Money of Invention The Money of Invention The Money of Invention: How Venture Capital Creates New Wealth is a non-fiction book about venture capital, written by Paul A. Gompers and Josh Lerner, Professors of Business Administration at Harvard Business School. The book was first published in 2001 by the Harvard Business School Press. It is considered one of the best studies about the venture capital industry in United States. "The Money of Invention" is a non-technical overview of the venture capital (VC), written for a general audience who wants to understand how VC industry works. The book is composed of three major sections.