The price floor in France’s Anti-Amazon Law protects independent booksellers and their cultural contribution but diminishes efficiency and raises prices.
Moving from records to digital, the music industry has undergone creative destruction but the length of a song between 3 and 4 minutes has been the same.
We could call Uber and Aereo “loophole startups.” While Uber provides rides and Aereo delivers TV signals, both have been entering established markets through a regulatory loophole. Uber’s loophole was their app. Because customers were not “hailing” their ride service on the street,…
Asked about how much market research he did for the iPad, Steve Jobs said, “None. It’s not the consumer’s job to know that they want.” Art Fry could have said the same thing. His story is a good one… But first, where are…
During 1989, a computer scientist wrote a memo in which he explained how information could be shared through a computer network. Two years later we had the first web pages and by 1998, one quarter of the US population was using them. Just…
At the Supreme Court this week, broadcasters sought to stop a small firm from competing against them. Saying it was violating copyright law, ABC led a group challenging Aereo’s business model. Aereo uses tiny antennas to send programming to viewers…
Making money was the Goldman Sachs agenda in an August, 2013 report. In “The Search for Creative Destruction,” their equity research connected Schumpeter’s creative destruction to investing opportunities. Eight new technologies, they said, would force businesses to “adapt or die.”…
Our Monday Gender Issue: Citing “gender inertia,” San Diego University professor Martha Lauzen said that: “If you have all white males working behind the scenes in the film industry, you’re going to get a whole lot of white males up…
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