Quote:
Originally Posted by AstroSmurf
Incidentally, liquid-crystal displays were first invented at the university in the town where I live. However, the inventors tried in vain to find an electronics company willing to invest in their idea, so eventually they turned abroad for more daring supporters. And now the Japanese *own* that industry...
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Vision can rocket you to the moon, or bankrupt you in a heartbeat. It all depends upon your education, experience, patience, but most importantly on your timeline.
Peter Drucker attempted forty years ago to get American businesses to look beyond next year's profit reports.
He failed.
So he went overseas, to Asia, which typically has a twenty year vision cycle. This is one of the reasons they lept on the idea of LCDs. It wasn't good to them when they bought into Sweden's idea, but it's certainly paid off over time, and is now used in virtually every electronic device known to man (except plasma TVs and hearing aids...).