I want to be emperor

Chapter 991 Lee Steel’s path to electrification
After Luo Zhixue gave the instructions, the Royal Institute of Technology and the Ministry of Industry took quick action.

The Dachu Empire already has rich experience in how to carry out industrial production and application of advanced technology, combine it with scientific research and application, and quickly transform it.

Soon, the three major electrical companies under the Ministry of Industry, namely Songjiang Electric, Yingtian Mechanical and Electrical, and Xuzhou Electric, approached the Royal Institute of Technology and proposed patent authorization to purchase new generators and electric motors.

After spending a lot of money and subsequent dividends, these three government-run electrical companies controlled by the Ministry of Industry, which are currently the largest electrical companies in the country, obtained patent authorizations for new generators and electric motors.

But this is not the end... According to the Royal Institute of Technology's consistent tradition of licensing patents to external parties, especially those that are extremely important and can promote the progress of the entire society, while not involving technologies in fields such as people's livelihood, national defense and security, patent licensing is generally Accept those who come.

As long as you give money, the Royal Institute of Technology will sell it!
In this way, society's vast resources can be maximized in a short period of time to promote the development of new technologies, the application and popularization of new products, and it can also allow the Royal Institute of Technology to recover a large amount of funds to make up for the astronomical scientific research funds of the institute. .

This is also the time when the Royal Institute of Technology licenses patents to external parties. Generally, it will not adopt a sole patent authorization, nor will it only charge a one-time patent authorization fee. Instead, after charging the patent authorization threshold fee, it will also charge for subsequent patented products. divided into.

This was done when the high-pressure steam engine was developed and promoted, and it was done very well.

Although the Royal Institute of Technology spent a huge amount of scientific research funds on the research and development of high-pressure steam engines, after the research and development was successful and it began to license foreign patents, it recovered all the research and development costs within a few years and made a huge profit. Until today, more than 20 years later, The Royal Institute of Technology can still receive royalties from many patents in the field of steam engines.

Of course, these patent shares are no longer the original core patent shares of high-pressure steam engines, because the early core patents of high-pressure steam engines have passed the 15-year protection period and can now be used free of charge by all Chu individuals or organizations.

However, scientists at the Royal Institute of Technology continued to conduct research on steam engines and came up with many technological innovations and patents. These patents can still bring huge royalties to the Royal Institute of Technology.

Patent income is also the main source of income to maintain the Royal Institute of Technology's huge annual scientific research funding investment.

Although the Royal Institute of Technology is an official research institution, it does not rely on official funds to live... In fact, the official funds allocated are not enough for those scientific research madmen to conduct a few experiments...

The main income of the Royal Institute of Technology still relies on its huge patent library and patent licensing fees collected from external licenses.

For example, the telegraph thing alone can give the Royal Institute of Technology a huge amount of patent licensing fees every year.

Even though the telegraph was run by the government, the telegraph equipment was produced by the three major electrical companies. To put it bluntly, both the telegraph office and the three major electrical companies paid huge amounts of patent licensing fees to the Royal Institute of Technology.

First of all, the three major electrical companies that produce telegraph transceiver equipment are actually just OEM manufacturers. They produce these telegraph machines based on the patent authorization of the General Administration of Telegraph and Telegraph, but they cannot be sold to the public... And the source of these telegraph technologies from the General Administration of Telegraph and Telegraph. Technical license for telegraph technology from the Royal Institute of Technology.

In order to obtain the patent authorization for these telegraph technologies, they gave the Royal Institute of Technology a large amount of licensing money in one go, and they also needed to give a patent share in the future. This share is outrageous... It is not based on the number or production of telegraph equipment. The profits are shared, but the charges are based on the telegrams distributed...and the ratio is quite high.

The delivery price of a ten-character telegram from Tianjin to Guangzhou is one Chu Yuan, but the Royal Institute of Technology takes ten cents from it.

One Chu yuan is equal to ten jiao, which is equal to one thousand Chu points.

To put it simply, all Telegraph General Offices are required to pay a one percent royalty on all telegraph revenue to the Royal Institute of Technology.

One percent may seem like a small proportion... but you have to know that the General Telegraph Administration is the only telegraph operator in the Chu Empire. This thing is a monopoly, and it represents the entire telegraph market.

The patent income from telegraph technology is only a part of the Royal Institute of Technology's income, and even the proportion is not large.

There are many technical patents at the Royal Institute of Technology, and almost all patents will be licensed to others as long as someone wants them... Of course, some technical patents related to national defense and people's livelihood can only be authorized by specific government-run enterprises. But it is an official enterprise, and the patent fees that should be paid still have to be paid.

The reason why the Royal Institute of Technology is able to invest massive amounts of research and development funds every year is that it relies on the patent fees generated by its huge patent library.

This time, the new generators and supporting motors are no exception. The three major electrical companies spent a certain threshold fee, plus subsequent patent sharing fees, to obtain the authorization of these two major technologies.

Because these two major technologies are not sensitive technologies for national defense and people's livelihood and do not need to be restricted by enterprises. In addition, after their popularization, they can greatly promote the overall development of society. Therefore, the Royal Institute of Technology's technical authorization for these two major technologies is almost open. .

As long as you can afford the threshold fee and agree to subsequent patent sharing, you can obtain patent authorization.

Ever since, after the three major electrical companies, other companies have come to ask for patent licensing fees... Of course, not all small businesses can come to them.

Royal Institute of Technology's patent licensing is also very shady. First of all, the threshold fee is not low... You have to pay a one-time threshold fee of [-] yuan.

At the same time, he must prove his strength and be able to realize industrial mass production of these two technologies and achieve a certain sales volume... And this is not actually to ensure sales, but purely to avoid the trouble of subsequent licensing patent fees. If it is casual If a small business comes to ask for a patent, and the patent is authorized, what if you don’t give the subsequent patent share?
Or what should I do if I concealed it and made false accounts?
Although the Royal Institute of Technology has the largest and most professional patent lawyer team in the entire empire... it can sue you for bankruptcy when you violate the agreement, but it is also costly to send out a team of lawyers to litigate.

It is impossible for the Royal Institute of Technology to send out barristers to litigate you just because of your patent fee of a few copper coins... The cost is too high, and the gain outweighs the loss.

Therefore, in order to avoid this kind of thing, they will also set different authorization thresholds based on different patent types and values.

As for new generators and electric motors, inventions that are enough to create history, the threshold is not low.

In addition to the one-time threshold fee of [-], your company also needs to reach a certain scale... This way, when you violate the patent agreement in the future, the legal team of the Royal Institute of Technology can easily initiate a lawsuit against you and get the patent fees back.

Therefore, the only companies that can actually obtain patent authorization for new generators are some large companies.

There are both government-run enterprises and private enterprises.

Among the private enterprises is the famous Li's Iron.

Li's Iron Manufacturing Company is also a very special existence in the industrial and commercial circles of the Chu Empire!

In the early years, it was the last private enterprise with national defense business qualifications in the Chu Empire. In order to promote war in Guangdong, Guangxi and other regions, the Chu Empire chose to absorb some local private workshops to produce various cold weapons and even guns.

Li's Ironmaking was one of them. Later, something happened that caused the other workshops to be destroyed, leaving only Li's Ironmaking.Li's Iron Steel has continued to produce various cold weapons for the military. It was only after more than ten years in Chengshun that the weapons business was packaged and sold to the Guangdong and Guangxi Arms Company, thus losing its qualifications for national defense business.

Therefore, Li's Iron Company was also the last private arms company in the Dachu Empire. After Li's Iron Company, all the weapons businesses in the Dachu Empire were taken over by government-run enterprises. After many integrations, There are currently six weapons companies in the empire.

After selling the weapons business, Lee Iron & Steel mainly engaged in agricultural tools, tableware, daily hardware and other businesses, and then moved into shipbuilding business, then steel, mining, chemical industry, and then devoted itself to the machinery manufacturing business with machine tools as its core.

At the beginning of this year, with the explosion of the oil industry, a machinery company affiliated with Lee's Steel turned around and went to develop oil mining and refining equipment. It is said that it did pretty well and reached a strategic cooperation agreement with an industrial oil company.

Li's Iron Manufacturing Company was a rare non-governmental company in the Great Chu Empire, but it had achieved great results in all major heavy industry fields and was ranked among the top three private enterprises in many fields.

Although so far, many of the shares of Lee Iron and Steel Company have fallen into the hands of official capital. About ten percent of the shares are directly held by official financial management agencies in various places, and more than 20% of the shares are directly held by official financial management agencies in various places. Percentage of shares are held by some investment institutions controlled by the government or with official background.

For example, the Jiangnan Provincial Pension Fund holds a large number of shares in the company!
Most of the remaining shares are held by various investment institutions and funds, and the actual shareholding ratio of individuals is still relatively small.

The main reason is that the plate of Li's Iron Company is too big. This company is currently the largest company in the country in terms of market capitalization. The shares purchased by an individual may not be small for an individual, but for a plate as big as Li's Iron, Nothing at all.

In fact, it is not that they are the largest domestic enterprises, but many large-scale government-run enterprises that are either not listed or only list one or several subsidiaries.

For example, the Dachu Empire Grain Corporation, a very large enterprise... Li's Iron Steel cannot be compared with them at all.

There is also Jiangnan Machinery Company. This company is one of the more than ten large-scale machinery enterprises directly under the Ministry of Industry. Its supervision level is up to the third grade. It has more than 20 listed companies alone, and the three largest electrical appliance companies in the country One of the companies, Songjiang Electric, is the subsidiary company of this company... There is also Songjiang Precision Machinery Company in the middle.

The official capital of the Da Chu Empire is the largest capital, and the officials of the Da Chu Empire who control these official capital are the largest capitalists.

It’s just that almost all the official investments and operations of the empire are not for the purpose of making money...

This is the difference between private capital and official capital.

The investment behavior of private capitalists is to pursue profits, but all investment behaviors of official capital pursue social development, provide employment, increase tax revenue, etc., with the ultimate goal of stabilizing or even strengthening the foundation of rule.

This is also the reason why the official capital of the Dachu Empire, except for the first ten years or so, has hardly invested in the light industry since then.

But private enterprises like Lee Steel are different. Although many of its shares are held by official capital, it is still a pure private enterprise, and its business management rights are still in the hands of the Lee family.

They invest in the field of electrification not to promote the advancement of productivity and social development, but to earn more profits.

As a large-scale enterprise with abundant funds, Lee Iron & Steel is constantly exploring other new businesses in addition to its core business, and will invest in many fields...

When you see something new popping up, don’t worry about whether it will be successful in the future. Invest first.

This is also a common method used by many very large companies. After the main business reaches a certain level, it is difficult to find new growth points, so they will spend money everywhere to find new growth points. At the same time, it is also to avoid inexplicable changes after the emergence of a certain new technology. He killed himself...

For these very large companies, what often kills them is not their competitors, but the rise of other seemingly unrelated industries!

In order to find new growth points and avoid being killed by inexplicable new industries, they usually choose to cast a wide net in many new industries... regardless of whether there are fish or not, just cast the net.

Lee's Steel's companies in the electrical field are no exception. They have actually invested in and acquired a small company that produces hand-cranked generators many years ago. They are mainly engaged in scientific research, R&D and production of hand-cranked DC generators for personal use. …

This kind of investment is a typical preventive investment, that is, first mark a point in the electrical industry, put your feet in it first, and then look at the subsequent development of the situation.

This time, after Lee's Steel made a major breakthrough in the electrical field, the company's executives quickly realized the huge future market potential of electrification. Therefore, like many other large companies, they spent a threshold fee of [-] yuan and signed a follow-up agreement. After the patent was divided, the patent authorization for new generators and electric motors was obtained.

Subsequently, manpower was mobilized and some electrification-related businesses of other subsidiaries were merged, and finally a new subsidiary, Lee's Electric Company, was merged and integrated.

This kind of company bearing the name of Li's is already a first-level subsidiary of Li's Iron Company, directly under the management of the head office, and is closely related to many core companies such as Li's Shipbuilding, Li's Machine Tools, Li's Power, and Li's Chemical. Same as subsidiaries.

This means that the management of Lee's Steel Company is very optimistic about the future development of electrification and regards this business as a key business in the future.

Whenever Lee's Steel Company attaches great importance to a new business and plans to focus on development, it often launches a very unreasonable competition model: throwing money!
What should I do if my technical capabilities are weak, I have no technical reserve foundation, and there is a serious shortage of talents?
What else can we do? Acquire other electrical companies and poach electrical technical talents from other companies and even official scientific research institutions.

As long as you spend enough money, you can put up a shelf in a short time and continue to develop on this basis.

When Lee Steel entered the steam engine industry and the machine tool industry, it did so in the same way. First, it spent a lot of money and engaged in mergers and acquisitions to recruit people. Then it used its rich and efficient corporate management experience to build scale, and then continued to accumulate technology and Strength, aiming to hit the top three or even the first place in the country.

But even so, the difficulty is still very high.

Because they are not the only ones who see the huge future market prospects of electrification, there are also many other large enterprises, and many large enterprises entering electrification are no worse than, or even stronger than, Lee Iron & Steel, especially the three major companies. The company has laid out its plans several years in advance and has abundant resources to support it.

They have a hunch that the competition in the electrical industry in the future will probably be no less fierce than that in the steam engine industry!
But it doesn't matter. Li's Steel is engaged in this kind of industry with high competition and high barriers to entry. This is not the case for shipbuilding, machine tools, steam engines, etc.

These high-threshold industries seem to have many flaws, but they have a huge advantage, that is, once they can gain a foothold in the market, they can steadily obtain long-term profits. This kind of business is what supports the long-term development of a very large enterprise. Core Business.

The reason why Lee's Steel has been able to maintain rapid development for decades, become larger and larger, and have enough strength to continue to experiment in many new industries is because it has several cores that can provide stable profits in the long term. Business support.

And now, Lee's Steel plans to also engage in electrification as the core business of the company's rapid development in the next 20 years!

(End of this chapter)