Development of the US Innovation Ecosystem

  • Rensselaer Polytechnic Institute, the first US technological research university, established

  • First R&D lab started in Menlo Park by Thomas Edison

  • National Institutes of Health founded

  • First moving assembly line created by Henry Ford for mass production of automobiles

  • Bell Laboratories founded as a subsidiary of AT&T

  • Lawrence Berkeley National Laboratory, the first US National Laboratory, founded

  • Applied Physics Laboratory, the oldest UARC and first laboratory devoted to advanced technologies for World War II, established

  • Science, the Endless Frontier written by Vannevar Bush

  • The first modern VC firm, American Research and Development Corporation, established by MIT president Karl Compton

  • RAND Corporation, the first FFRDC, established

  • National Science Foundation established

  • Fairchild Semiconductor, the first venture-backed startup, founded

  • DARPA founded

  • Limited partnerships, the structure used by venture capital firms today, first emerged with Draper, Gaither, & Anderson (DGA)

  • ARPANET, the first public packet switched computer network, established

  • The "birthday" of the internet - Internet Protocol Suite (TCP/IP) adopted by ARPANET

  • Army Research Laboratory established

  • YCombinator, the first seed accelerator, started

  • "Focused Research Organization" concept proposed by Sam Rodriques