Economy
...’s we experienced the convergence of telephone, data, and video to office and home, cell phones, international outsourcing, significant research in the human DNA and biotechnology. He continued his speech by providing three examples of different innovative people who turned their ideas into successful businesses. The first one was a guy who wasn’t satisfied with the efficiency of the booking system in his tennis club. He took this idea and started the company Zoom Telephonics. The company specialized in automating the reservation process. The company went public on the Vancouver Stock Exchange. Next, he told the story of how Exos Inc got started. Initially, it was a company trying to develop a mechanic hand in space, focusing on the hand surgeon market. However, they refocused due to changing market conditions, and consequently ended up in the video game control industry, making a very successful joystick. The last innovation was related to composite fiber, and how the company Fiberspar Corporation used this material to produce masts and spars for windsurfing and finally for the oil industry, which remains their main focus today. These different companies way to success represented three different ...