Innovation Files: Where Tech Meets Public Policy cover image

Why There Is a Disconnect Between the Economics of Innovation and U.S. Antitrust Policy, With David Teece

Innovation Files: Where Tech Meets Public Policy

CHAPTER

Innovation Is Permeating the Capitalist Economy

Yel: Big firms are the strong ones and thethe ones that are impervious to competition. But in fact, it's just the opposite. When dynamic competitions involve any well established firm, any successful firm with its systems, that is set up to optimize where it’s at, the oll incredibly vulnerable. Yel: So long as you have a vibrant market for stot ups a, then there is a tite's going to be strong, dynamic competition,. which will bring the benefits that society wants.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner