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Article: 10 Massachusetts innovations.(Editorial)
- Article from:
- The Boston Herald
- Article date:
- January 1, 2000
CopyrightCOPYRIGHT 2000 Boston Herald. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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1. King Camp Gillette, introduced the safety razor in 1903 and founded Gillette Co.
2. Edward and Lincoln Filene, founders of Filene's Basement, the first discount retail store in 1908.
3. Robert Goddard, a Worcester rocket engineer, proposed rocket flight to the moon in 1919 and developed liquid-fueled rockets in 1923
4. L. Sherman Adams and Paul Codman Cabot, started the first mutual fund, Massachusetts Investors Trust, in Boston in 1924.
5. George F. Doriot, started American Research and Development Corp., the first venture capital fund, in 1946
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