Champagne has taken the smart, baby-faced entrepreneur into a new world.

Reflect on John Torinus, a smart entrepreneur who runs Serigraph Inc., a high-tech graphics and printing business in West Bend, Wis.

In Mr. Pray's gimlet-eyed view, the spontaneous energy of Seattle's garage-band excitement in the late 1980's was caught, packaged and exploited by smart young entrepreneurs who destroyed its independence.

While a number of businesses have profited from low-interest loans and other incentives provided through the city, many experts say manufacturing has been propelled by smart entrepreneurs willing to explore new markets.

"Any smart entrepreneur is going to realize it's motivating you," he said.

So that's a fresh business opportunity for some smart entrepreneur.

But today, he looks like one of China's smartest high-tech entrepreneurs.

Davoli's investing style is to back smart entrepreneurs with a great deal of energy and capability, and good knowledge about the arena in which they are starting their business.

Now he has emerged as one of rock's smartest entrepreneurs.

A former Government adviser on privatization and a management expert here contend Mr. Tan has thrived in the sharply shifting political winds by being a smart entrepreneur.