Military spins off business.(Brief Article)

New venture banks on commercial need for travel intelligence

Consider the scenario: You and two partners travel to the Caribbean, eager to get a first-hand look at what you've heard is an emerging market with limitless possibilities for new business in your firm's industry.

All goes well with the business portion of your trip.

But what you don't know -- and your corporate travel manager didn't tell you -- was that the handcrafted jewelry you picked up from a local vendor had to be registered with the local authorities before it could be exported from the country By even attempting to take the jewelry on your return flight, you've just committed a jailable offense.

Far-fetched? Not …