Chapter 788: Summed Up in Three Words: Seeking Cooperation

"Currently, 90% of our profits still come from battery patent packages, with an annual income of about 7.5 billion."

In the living room, Song Yao adjusted to a comfortable position, leaning on the sofa.

Xu Qingzhou opened the TV to find the game replay.

He wasn't surprised that the income basically came from batteries.

Batteries were closely related to people; mobile phones, computers, cars, energy storage systems, all of these had to use batteries.

As long as a company bought their patents, they had to pay them for every battery produced.

Of course, the reason it was so profitable now was also because the battery field was in a blowout period. After the battery market saturated, their income would gradually decrease.

The next time they would make crazy money, it would probably be when controllable nuclear fusion was realized.

The price of electricity would be infinitely low, the demand would naturally soar, and the demand for batteries as carriers wouldn't be bad either.

"Advanced Research Institute, I hope it won't follow in the footsteps of other advanced research institutes in the country."

Although it was an imitation, due to the different era, the operating mode of the Kyoto Advanced Research Institute would also be different from Princeton's.

For example, in terms of funding, the IAS was founded in 1930 with a $5 million donation from the billionaire Bamberger siblings, equivalent to over $100 million today, and its operation relied entirely on endowment funds.

On their side, all funds were provided by Zero Point Technology.

"The IAS model of the Princeton Institute for Advanced Study is essentially a question of financial sustainability for public-interest academic institutions, using capital gains to support academic freedom, rather than profiting through scholar patents."

Song Yao was more skilled in economic issues, playing with Xu Qingzhou's clothes with her feet and analyzing it for him bit by bit, "The biggest contradiction facing us is how to achieve a virtuous cycle."

Their current plan was that Zero Point Technology would be responsible for providing everything the Advanced Research Institute needed—funds, equipment, etc.

However, they didn't need the Advanced Research Institute to repay them.

The patents researched by scholars in the institute would also have their ownership in the hands of the researchers themselves, having nothing to do with the Advanced Research Institute.

Providing money and equipment, you just focus on doing your own research; even if there are achievements, they are your own.

Does it sound like doing charity?

The Princeton Institute for Advanced Study had such a model.

This involved the virtuous cycle Song Yao mentioned.

Zero Point Technology could afford the institute's expenses, not for the purpose of profit, bearing all the funding. If it couldn't be a virtuous cycle, this sum of money would eventually be used up.

According to Song Yao's idea, after the Advanced Research Institute was established, it would carry out professional investment appreciation. The first sum of money would be invested in the capital market as principal, managed by a professional team, and obtain returns through long-term investment. The annual returns could cover the institute's operating costs, scholar salaries, equipment maintenance, administrative expenses, etc.

This was one of the incomes.

Generally speaking, the larger the scale of the endowment fund, the more investment returns could cover long-term operations. Take Song Yao's alma mater, Harvard University, for example: the endowment fund scale was $53 billion, and the annual return was billions.

Second, it relied on social donations. The institute made achievements and had a reputation, which could attract donations from society.

After wealthy big shots achieved their life goals of making money, they might also need spiritual success. Donating to universities, research institutions, and charitable organizations was the norm. ===== CHAPTER 789 =====