Right after talking about Google wave, I ran across this story about the release of Microsoft bing. I like to use google as an example in classes when I talk about intellectual property ideas. The google search algorithm isn’t patentable, and yet they’ve made a ton of money off of it. But I suspect that […]
I spent a lot of time in my talks this week discussing business model innovation. The main point is that this is often the most powerful form of innovation while also being one of the most overlooked. I ran across a great example of business model innovation today on Kevin Kelly’s blog. One of the […]
I was thinking again about the discussion here last week about fuzzy concepts – in particular that of networks. In that post, I was trying to get at the value of the network concept for economic analysis. Neil Kay made an interesting point in the comments – which was that you could substitute the word […]
I ran across an interview with David Foster Wallace on Salon from just after Infinite Jest came out. It included this quote about the state of Literature: If you, the writer, succumb to the idea that the audience is too stupid, then there are two pitfalls. Number one is the avant-garde pitfall, where you have […]
There’s been a bit of a slow roll through the (mostly) academic blogs discussing a recent paper by Bronnenberg, Dhar & Dube from The Journal of Political Economy called “Brand History, Geography, and the Persistence of Brand Shares”. Here’s the abstract: We document evidence of a persistent “early entry” advantage for brands in 34 consumer […]