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Francis Choi made his early fortune in Hong Kong's toy industry, succeeding in part by farming out production work to local housewives and then driving himself to pick up finished goods.
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Tesla makes electric cars, and will only succeed if the entire electric-vehicle industry succeeds.
"To say that the oil and gas industry succeeds does not mean that our culture fails," Mr. Glenn said.
The music industry succeeded in closing Napster down (though other free-download sites have survived).Bertelsmann also invested $100m in CDNow, an online music retailer.
For the past 30 years, however, Conservative politicians have actively promoted a policy and absorbed a habit of mind that says industry succeeds best when government does least.
If the record industry succeeds in its war on the value gap it will have to ensure that any windfall is properly passed through to the artists.
Proponents of tougher regulations for the politically influential and beleaguered commercial college industry succeeded, for now, in beating back an effort to block restrictions on how the schools get federal aid.
The record industry succeeded in killing Napster this year, but file-sharing by consumers is growing; online swapping of films and TV shows, as well as music, is now catching on.
After endless legal battles, the publishing industry succeeded in persuading Congress to pass the Copyright Act of 1976, which defined "fair use" of copyrighted material and sought to establish a set of rules for ownership of content.
Intense lobbying by the insurance industry succeeded in persuading the government to water down a new pension scheme designed to help the lower paid save for retirement, leaving the scheme "fighting with one arm behind its back".
And if the industry succeeds in winning approval for as many new reactors as it wants — 31 and counting — the capacity of nuclear suppliers is likely to be strained.
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