Nicolas Petit @competitionprof.bsky.social · 13/01/2025To begin, I take issue with the introduction's critique of the common description of the digital economy as "made up of competitive small companies rushing to innovate." This characterization is more accurate than not. 2/N 100
Nicolas Petit @competitionprof.bsky.social · 13/01/2025The notion of numerous small firms competing in places like the Bay Area is largely true. Our paper, Gatekeepers, Landlords, or Superstars (w/ Bo Heiden & Sotiris Georgoudios), examined this phenomenon papers.ssrn.com/sol3/papers.... 100
Nicolas Petit @competitionprof.bsky.social · 13/01/2025We found that the digital economy has seen the addition of approximately 120,000 firms over roughly 40 years. This indicates significant entry and exit activity among small firms. 4/N 100
