Fable: The Good Idea
A year after Alexander Graham Bell invented the telephone, an engineer working in Japan’s Ministry for Industry thought this was something worth reverse engineering.
He succeeded in doing so and, four years later, decided to set up a company to manufacture telephones. It was the first Japanese company to do so.
The company diversified into PBXs, teletypewriters, minicomputers, printers, ATMs telecoommunications infrastructure and semiconductors.
Last year the company had sales of $5 billion.
Moral: It only takes one good idea.Tags: alexander graham bell, Ministry for Industry, reverse engineering