Dig Howitt is clear on the ingredients that combined to make Cochlear a world leader in hearing implants and one of Australia's most successful global companies: a global mindset, long-term vision and investment in continued innovation.
But the Cochlear chief executive is not so sure Australia has the recipe exactly right to create more global successes like Cochlear, which was floated in 1994 at $2 a share and last traded at $179.
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Joanne Gray is Managing editor of The Australian Financial Review. She was formerly its opinion editor, features editor, banking & finance editor, Washington correspondent and BOSS magazine editor. Connect with Joanne on Twitter. Email Joanne at jgray@afr.com
