Corporate Legacy
The wide range of science and technology developed by Hughes Aircraft never included medical applications because the company was owned by the Howard Hughes Medical Institute. This restriction was imposed to avoid even the appearance of a conflict of interest.
However the money provided to HHMI by Hughes Aircraft led to major improvements to the medical field from genetics, cancer research, to producing doctors who provide care to millions of people. It is important to note that Hughes developed the modern medical bed as a direct result of his hospital internment.
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Famous quotes containing the words corporate and/or legacy:
“If when a businessman speaks of minority employment, or air pollution, or poverty, he speaks in the language of a certified public accountant analyzing a corporate balance sheet, who is to know that he understands the human problems behind the statistical ones? If the businessman would stop talking like a computer printout or a page from the corporate annual report, other people would stop thinking he had a cash register for a heart. It is as simple as that—but that isn’t simple.”
—Louis B. Lundborg (1906–1981)
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—Desiderius Erasmus (c. 1466–1536)