The World's Fair, with exhibits from many different countries, has often been a place where companies show off their ideas for the future of the world. Sponsoring an exhibit is just one way to be a part of these exhibitions. Over the years, exhibitors at the World's Fair have brought many different inventions to the attention of the world. Elevators, telephones, outside lighting and gas-powered automobiles are just a few inventions that have been introduced at these events. Each one has had a massive impact on the way people live their lives.
Not every giant exhibition is guaranteed to change the world in a profound way. The World's Fair is just one exhibition held every five years. Countries that participate are given a theme for the exhibition being held. They then search out companies that can provide displays that are connected with the central theme. Art is also a part of World's Fairs. A country may invite their best artists to create works for the Fair. This is a way to share artistic ventures with people from all over the world.
There are other international exhibitions that are held in between World Fairs. The basic idea behind these fairs is to show the world the cutting edge technology that is being developed. It helps businesses plan for the future. People that attend these fairs get a look at how their life might change within a few short years. Companies also depend on these fairs to bring inventions to the open market and having a worldwide audience in attendance helps.
Fairs and exhibitions are good for businesses. Creating new products and devices often takes large research budgets. Being able to show off their products in a large and popular venue gives them a better chance to corner market share quickly.