Can Europe Survive?
An interesting article in Red Herring (online version of the April 18, 2005, print issue) explains that:
"Europe gave the world Linux, GSM, and the web, but got little of the fortune and less of the glory. To get what it is due, some old world ways will have to change."
"Olli Martikainen, Bernhard Grill, and Stratis Avrameas don’t like to think about what might have been."
"Mr. Martikainen, a Finn, started developing a router—hardware that directs streams of data from one computer to another—back in 1982 at VTT, a research institute in Espoo, Finland. The Finnish companies financing the research, including Nokia, didn’t see the potential, so the project was dropped in 1986, shortly before an American startup called Cisco commercialized similar technology. Cisco went on to dominate basic corporate networking gear, with annual sales of more than $23 billion. Mr. Martikainen today works as a professor and researcher; his prototype gathers dust in a university display."
posted by Fergie @ 4/27/2005 06:01:00 AM
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