Harvard Business Review

OCTOBER 24, 2016

Innovation has the potential to transform the investment industry. Consequently, giant funds are often hamstrung by proportionally tiny operating budgets, which have historically forced them into the all-too-happy hands of intermediaries.

Operations 8

Operations Intangible Assets Venture Capitalist Hedge 8

Harvard Business Review

OCTOBER 25, 2018

Some superstar firms benefit from being in “superstar” sectors of activity, particularly those in which value-added gains go to gross operating surplus (an economic measure that represents the income earned by capital). Acquisitions, bold investment in intangible assets, and attracting talent can ultimately make the difference.

Industry 10

Industry Company GDP Bottom-up 10

Harvard Business Review

FEBRUARY 26, 2018

In contrast, industrial giant GE’s stock price has declined by 44 % over the last year, as news emerged about its first losses in last 50 years. Why do investors react negatively to financial statement losses for an industrial firm but disregard such losses for a digital firm?

Company 8

Company Intangible Assets Depreciation IPO 8

Harvard Business Review

NOVEMBER 19, 2018

But the rise of big companies — and the resulting concentration of industries, profits, and wages — goes well beyond tech firms and is about far more than antitrust policy. What’s Driving Industry Concentration. Most industries in the U.S. ” Its appetizer seems to have been smaller companies.

Software 8

Software Company Competitive Advantage Henderson 8

Harvard Business Review

JUNE 22, 2016

Different industries and different business models have always maintained different percentages of these asset types. Manufacturers invest most of their capital into physical assets, while high-tech firms invest in R&D to create new intellectual capital.

Intangible Assets 9

Intangible Assets Business Model How To Intellectual Capital 9

Harvard Business Review

AUGUST 27, 2018

All three factors have become more common over time, which we argue stems from firms’ increasing reliance on intangible and knowledge inputs in their business models. Digital firms are as valuable for their intangible capital as were the 20 th century firms for their land, building, and factories.

IPO 9

IPO Company First-mover Advantage Intangible Assets 9

Harvard Business Review

NOVEMBER 7, 2013

At its peak, the company operated 10,000 stores. homes have broadband , and network operators continue to invest in ever-faster cable, satellite, and fiber-based technologies. Just last week, for example, industry research consortium Cable Labs released a new cable transmission standard , DOCSIS 3.1, postal service.

Disruptive Innovation 8

Disruptive Innovation Intangible Assets Retail Innovation 8