The Triumph of Intangibles
Risk Talking
00:00
The Intangibles and the Superstar Effect in the New Economy
The OECD has done some really interesting research on broken competition. One of the reasons it seems like certain firms can't compete, is that we have also the superstar effect. Intangible assets are very synergistic and they're very valuable when you combine them together. And this means that in itself drives at least temporary monopolies or quasi-monopolies in individual sectors.
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