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
Committee for the Prize in Economic Sciences in Memory of Alfred Nobel Committee for the Prize in Economic Sciences in Memory of Alfred Nobel The Committee for the Prize in Economic Sciences in Memory of Alfred Nobel is the prize committee for the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, and fills the same role as the Nobel Committees does for the Nobel Prizes. This means that the Committee is responsible for proposing laureates for the Prize. The Committee for the Prize in Economic Sciences in Memory of Alfred Nobel is appointed by the Royal Swedish Academy of Sciences. It usually consists of Swedish professors of economics or