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Disruptive Technology is ALWAYS Greeted with Doubt, Skepticism and Rejection

Linda Bernardi

In 2002-2005 when as the founder of my startup ConnecTerra Inc, by all accounts the world’s first official IoT company, I started talking to folks about how everything would get on the internet and the economy would be shifting. ‘Banking on the internet Linda? That is the normal trend. Not possible.’

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Disrupting Markets – Why PayPal Is Worth More Than Ebay

Adam Hartung

in 2002 , in order to grease the wheels for faster ecommerce growth. Paypal is increasingly becoming a threat to traditional banks. Today most folks use a bank for depositing a pay check, and making payments. There are loans, but frequently that is shopped around irrespective of where you bank. And it worked marvelously.

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Regulations Work – Applaud SOX and Dodd- Frank

Adam Hartung

As a result Congress passed the Sarbanes Oxley act in 2002 (SOX,) which greatly increased the duties of Board Directors – as well as penalties if they failed to meet their duties. Some companies went so far as to lie to investors and regulators about their business, until their companies failed from the risks and unlawful activities.

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Spotting Innovation Opportunities

ITONICS

Disruptive technologies or innovations boost new business models that change the game of existing industries like the space industry (SpaceX), the music industry (Spotify), the film industry (Netflix) or the banking sector (FinTechs), just to name a few.

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How China Creates the Strongest Innovation System

The BMI Lab Blog

The Chinese administration, through its various regional branches, is focusing on the promotion of strategic emerging industries in these areas, according them preferential treatment with subsidies, tax breaks, bank lending and direct financing. BYD became the second largest battery company in 2002.

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