Now that the tone has been set, everyone is much more relaxed. And he also understood what Bao Zixuan meant; both sides exchanged for each other, and neither of them suffered a loss. As an economist, I often deal with businessmen. Hearing what the other party said, he immediately understood what he meant.

Solo said with a smile: "Of course there is no problem. It is also my honor to be able to communicate with you. My strength is in the study of economic theory. I don't have a deep understanding of how to economy an enterprise, but I would like to know more about it. After all, the development speed of the Black Cloud Group is really amazing, and even now I still haven't figured out why it is so fast."

The reason why the Heiyun Group is developing so fast cannot be said to be because of its own travel, and the results of many things are already known. If you say that, people will have to treat you as a lunatic. Fortunately, these richest men are well prepared. After all, if someone asks them, or when their children grow up, they need to give a clear statement about their father's entrepreneurial journey.

Bao Zixuan: "Actually, the reason why Heiyun Group is developing so fast is the high profit brought by innovation. Then it invests in research and development, which can form a very benign ecological closed loop."

"I like to keep thinking, and I never stop. I started out in the game-related industry because only Japanese people value it more in the world. European and American countries prefer to develop in other fields."

"You may not believe it. At present, the two games of Pac Man and Xiangjiang Cube have contributed more than billions of dollars in profits to the group. And they are still growing. After all, in many developing countries, our game consoles still exist. Sales."

"The Walkman in the future just feels that the technology can be completely miniaturized; you can listen to music at any time, which will definitely relieve the fatigue of the journey. After that, at the Massachusetts Institute of Technology, I was exposed to more knowledge and learned more cutting-edge technologies. Therefore, There is a growing Heiyun Group, as for why it has developed so rapidly; it can only be said that it is standing on the trend of the times, or it can be said to be in the wind."

"And there is another key point. Every year, the Black Cloud Group will spend 60% of the profits of the previous year for the next year's research and development. However, this should be the highest proportion among the world's technology companies."

Not only Solo, but even several other people were a little confused. I didn't expect a small game to be so profitable. Profits in excess of billions of dollars, what a concept. It seems that they only know a little about the Black Cloud Group, and they don't know the way of doing business and investing at all.

Although Solo didn't know how much profit the game could make, he wasn't very interested. What really interests him is that Heiyun Group makes 60% of its annual profit, which is used for research and development in the next year. This is absolutely an astronomical figure, even more than the R&D investment of many countries.

It can't be said that if you invest more money, you will get much results. But if you don't want to invest in research and development, it is almost impossible to get results. It is no wonder that the Black Cloud Group can be proud of the heroes. Most companies cannot do this alone.

Those with a scale like the Black Cloud Group are all listed companies. Every R&D investment they make must be announced to shareholders. If you invest so much money every year for R&D, you won't get any dividends at all. If that were the case, the stock would naturally not be sought after.

Problems in the stock market will inevitably affect the development of the company itself. Therefore, no CEO or boss is willing to take risks, and most importantly, they cannot convince shareholders.

As for Professor Solow, he prefers to study economic models.

The neoclassical economic growth model, which is called the Solow model due to Solow's pioneering work, is still an indispensable part of economic growth theory until now. In the Solow model, the contribution to the overall economic growth is set to be composed of labor, capital and technological progress, and assumes a homogeneous total production function with diminishing marginal production, satisfying the conditions of paddy fields, constant savings rate, and technological progress. Progress is a condition of exogenous et al.

On this basis, it draws the conclusion that the effect of government policy on economic growth is ineffective. While its many harsh assumptions and resulting government policy nullifications feel negative, Harold and Dorma's extremely volatile blade growth model has long raised concerns about economic growth in capitalist societies, especially Long-term growth is unstable At that time, the capital accumulation process of the capitalist model proposed by the Solow model will converge to a stable state of economic growth in the long run; this conclusion undoubtedly injected a dose into the economics community concerned with economic growth. Strong heart.

Among them, technological progress is particularly emphasized, but technological progress is desired; without a large amount of capital invested in the field of research and development, great technological progress cannot be achieved at all. It seems that this time I came here, and I really came here; maybe this world, it is precisely because of entrepreneurs like Bao Zixuan that technological progress can be achieved.

At the same time, Solo also feels that the vast majority of future entrepreneurs are estimated to be technical talents. If you don't understand it yourself, you will not only get capital recognition, but also may not be able to deter the technical talents below.

The employees of Heiyun Group can recognize Bao Zixuan not only because of the wealth of the other party; maybe the Turing Award winners and the proponents of Industry 4.0 are more deterrent. It is very difficult to convince engineers and technicians if they cannot achieve rolling in the technical field.

Solo: "The three are all top physicists. I would like to ask how the Heiyun Group's R&D funding is applied."

This is a topic of infatuation, and it can even be said to be the secret of the company. However, Bao Zixuan is not worried about this. Other companies want to follow suit, but it is not so easy.

Bao Zixuan said with a smile: "Since Professor Solo is interested, you can talk to him. This is my teacher, and we don't need to keep him secret."

The boss has spoken, so things will be much easier to do. Although I don't understand why it was disclosed to the outside world, I may have my own considerations! No one could understand what the young boss was thinking. Of course, if they could figure it out, Bao Zixuan would not have achieved such a high level of achievement. In the world of genius, how can outsiders know.

Isamu Akasaki: "Like your Excellency, I mainly work in the school, and of course I occasionally solve some scientific research problems of the company. At present, Yulin Institute of Technology does not need to apply for R&D funds by itself. All financial personnel come to the engineering and technical personnel office, as long as It's as simple as writing a report and you get funding."

All procedures are handled by financial personnel; technical personnel will spend more time on research and development.

Hearing this, Professor Solow felt incredible. I didn't expect Bao Zixuan to trust engineers and technicians so much, so why don't they review it!

In fact, of course, there is an audit, and the richest man Bao will read it himself. It's just that the funds are allocated first, and the review is going on. Of course, if the operation is improper, some funds will be lost, but it is completely within the controllable range. And the current Heiyun Group is good, Yulin Institute of Technology is also worth mentioning! The talents recruited are all assessed at various levels; the real elites are absolute masters of technology. For the sake of personal reputation, I really won't mess around. And the application does not mean that the money belongs to you, and spending money is also a skill.

The company's internal financial staff and PricewaterhouseCoopers' accountants are always ready. Coupled with high salaries, high benefits, etc., everyone does not want to lose such a good job, as well as the scientific research environment.

Solo said in surprise: "Bao, although I shouldn't ask this question, I'm still curious. How will financial supervision follow up with this?"

It was very rude to ask such a question in front of the three subordinates. However, it is inevitable that curiosity will arise. Financial personnel go directly to find scientific researchers and send them money, which is unique in the world.

Bao Zixuan said with a smile: "Don't use suspicious people, don't use people with suspicion; it has always been the principle of Heiyun Group and myself. UU Reading www.uukanshu.com"

"Actually, there is no need to supervise at all, because it is absolutely unnecessary. The scientific researchers recruited by Heiyun companies are all selected through layers of competition. Therefore, there is absolutely no problem in terms of technical level. And companies give them such a good platform, if there is still Some unrealistic ideas are too inappropriate."

"I am a scientific researcher myself, and of course I know where engineers should focus. Some projects require a lot of money, but they cannot generate economic benefits in a short period of time. In addition, we are not a state behavior, so profits will inevitably be considered."

"To put it bluntly, for my sake, the money is more of a series of numbers; even if you have ten prodigals, it is estimated that you can't spend it all. Therefore, there is no need to pursue short-term economic benefits and make engineers lose their research and development direction. They do not If you are embarrassed to apply, then take the initiative to send money and let them make the project.

"I'm still young, and even if I don't see it, at least future generations will see it. Besides, it doesn't matter if a few projects fail. The company needs to pay a certain cost of trial and error."

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