Former Nike innovation expert Erez Morag told the Tripartite Summit in Auckland that innovation comes from cross pollination.
Morag worked with Olympic athletes and other stars including tennis player Roger Federer during his time at Nike from 1998 to 2011. He founded programmes that linked product and business innovation.
"I was inspired by athletes with great movement and motion and got into biomechanics," he told the summit.
Innovation was crucial in sports and this could be translated into business where there was the need for practical training solutions and high-speed decision making.
He said the style introduced by high jumper Dick Fosbury was a classic example of sports innovation that had far-reaching application around the world with other jumpers.