Quote:
Originally Posted by fjtorres
Nor did Sony invent any of the underlying technologies.
Beta, Minidisk, and ATRAC they did invent. And go nowhere.
The one format they did invent that was going places was LRF...
...and they ditched it just as the market for it was taking off.
Those were troubled times for Sony. It's what happens when a company needs to change, the CEO has a prescription, and everybody else spends their time ignoring him.
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When there are no (prior) market standards, someone has to TRY and get theirs adopted (Market Leader). HP sort of managed with HPIB -> IEEE488, but it is rare. No one wants to pay ROYALTIES to their competitor.
It usually takes a industry standards group.. IEEE, USB, W3C... to avoid $$ to others. Usually, it is Consumer stuff that gets Industries attention (volume sales potential). IBM did it with their personal computer (then lost the ball :/ )