The central theme the financial agreements devised by
Edison the 1880s was that would develop new products
while his financial backers were support the cost of
manufacture and organize the marketing. draft agreement
with Henry Villard for example, Villard was assess the
market impact the innovation and make the decision to
manufacture and market. told Hood Wright, perfectly aware the
fact that place the laboratory. 1884 Edison was
involved struggle control the Edison Electric Lighting
Company. The construction dream laboratory marked
Edison's return inventing after his time businessman in
the electrical industry. disliked the corporate
infighting the electrical industry and feared that Wall
Street would gain control the enterprise. Although his allies resisted takeover from the
Morgan interests, Edison felt that had been "cut-off" the
company and later claimed that "took further interest" in
.11-14
to create, show that originally wanted concentrate the
innovating and leave marketing and sales his financial
backers." His creation the
many electric lighting companies was partly motivated his
desire shift the responsibilities running the lighting
industry cadre managers. 22
running it. Villard was also given the freedom to
choose the marketing arrangement wished, whether the
. was looking forward spending
more time West Orange, where could want most wanted
to do— innovate
