They focused the business as a niche instrument, not a giant killer.
The accordion's popularity started to wane with the rise of Elvis, the electric guitar and rock 'n' roll, which eventually banished it to niche-instrument status, popular during Oktoberfest and in polka clubs.
Once a niche financial instrument, sukuk have become a mainstream alternative source of capital for corporations.
He has not even sought the niche of the original instrument movement for this; he claims no discoveries to have found, or world premieres to have discovered amid these oft-heard pieces.
"Digital media has mostly become an instrument to facilitate niche consumption", writes Shapiro.
Mr. Shulman founded Splav (which means alloy in Russian) after the collapse of the Soviet Union, hoping to carve a niche as a manufacturer of scientific instruments.
That firm designs microchips that can be easily programmed by makers of niche goods such as audio equipment, musical instruments and fitness monitors.
Most musical instruments wear out or are consigned to niche markets by design changes.
Celestron's line, as well as the LightSwitch line from Meade Instruments in Irvine, Calif., fills that last niche in automation, he said.
As long as growth in claims on wealth outstrips the economy's capacity to increase its wealth, market capitalism creates a niche for entrepreneurs who are all too willing to invent instruments of debt that will someday be repudiated.
