4 ms·

What are you basing your comment on other than utopian world views?

• _delirium 15y ago
  There's fairly good research (though the point is debatable) that most innovation, especially the kind that significantly shakes up industries, comes from smaller companies, not from large, established firms. If that's true, then it would also be reasonable to hypothesize that if large established firms are able to buy out upstart competitors extremely early, and pull them into the fold so to speak, there will be less overall innovation. It's pretty hard to prove these sorts of things, since it's hard to set up solid experiments with good controls in economics, but there is some interesting research around the what-drives-innovation question, and it's not an unreasonable hypothesis, at least.