Why We Shouldn’t Worry About the Declining Number of Public Companies
AUGUST 27, 2018
Emerging digital firms compete with knowledge, strategy, and expert human capital, attacking even the largest established firms. firms gravitate towards digital strategies, firms have less need for elaborate finance, marketing, production, distribution, accounting, and human resource departments. Such acquisitions become more lucrative with rising first-mover advantages, pace of technological development, and network externality. westend61/Getty Images.