"The more people are involved in a given task, the more potential agreements need to be negotiated to do anything, and the greater the transaction costs."

Previous Quote

Geneva has a long history of hosting international organizations, which is part of the reason why CERN is here. CERN has signed agreements with the ITU, WIPO and the WMO. At first sight, there may not seem to be much common ground between CERN and, say, the World Meteorological Organization, but scratch the surface, and you'll soon find a common thread. All of these organizations have a vocation to stimulate technological innovation, and together we're stronger.

— Rolf-Dieter Heuer