Jeff Hawkins in his book On Intelligence describes Mountcastle's 1978 article An organizing principle.. as "the rosetta stone of neuroscience".
If you have read the book, and are interested in tracking his progress, check out Numenta. They released a product based on his hierarchical temporal memory. There's a spinoff company named Vicarious with Dileep George, one of the minds behind the HTM implementation, but they've been pretty hush-hush about their progress.