
Innovation Doesn't Matter (Here's Why)
The Joseph Carlson Show
The Importance of Capturing the Economics of Innovation
Spotify is a highly innovative company, but they have not been able to capture the economics of their innovations. Another company captures it, which is Universal Music Group and the other labels. An innovative company's only a good investment if it can capture the Economics of its own innovations. But Apple has figured out a way to capture theeconomics of other companies' innovations.
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