Harvard Business Review

AUGUST 27, 2018

In sum, digital strategies and rapid technological obsolescence increases the mortality rates among existing public firms, but does not correspondingly increase the demand for IPOs. Such acquisitions become more lucrative with rising first-mover advantages, pace of technological development, and network externality.

IPO 11

IPO Company First-mover Advantage Intangible Assets 11

Harvard Business Review

NOVEMBER 7, 2013

DISH Networks, the owners since 2011 of video rental giant Blockbuster, announced Wednesday the shuttering of all remaining company-owned retail locations and of Blockbuster’s DVD-by-mail service. homes have broadband , and network operators continue to invest in ever-faster cable, satellite, and fiber-based technologies.

Disruptive Innovation 8

Disruptive Innovation Intangible Assets Retail Innovation 8

Harvard Business Review

NOVEMBER 19, 2018

In 2011, venture capitalist Marc Andreessen declared that “software is eating the world.” And academic research has found that rising industry concentration correlates with the patent-intensity of an industry, suggesting “that the industries becoming more concentrated are those with faster technological progress.”

Software 8

Software Company Competitive Advantage Henderson 8