Visionaries shape the future in L.A.YES, Hollywood has always drawn the headlines. But underneath the glitz glitz Informal n. Ostentatious showiness; flashiness: "a garish barrage of show-biz glitz" Peter G. Davis. tr.v. , an army of engineers and inventors has been busy in garages, research labs and warehouses churning Firing one group of employees and hiring another. As companies move into newer, high-tech ventures, they often eliminate employees with older skills while bringing on new people who have computer programming, networking and Web experience. out an impressive array of innovations. L.A. gave the world the first laser, e-mail, artificial heart, insulin pump insulin pump n. A portable device for people with diabetes that injects insulin at programmed intervals in order to regulate blood sugar levels. , commercially viable aircraft and freeway--not to mention the first independent movie studio. Innovation, it seems, is a constant in the still-young history of L.A. And why not? Dreamers and risk-takers have always been drawn by the region's huge marketplace. Add in the topnotch research institutions and industry networks that have grown up here, and the result is a thriving hive of activity. It's in that spirit that the Business Journal introduces a weekly section called "Innovation" that examines the companies doing new and creative things in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. . |
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