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
Nicolas Petit @competitionprof.bsky.social · 13/01/2025This high level of activity suggests a dynamic and competitive landscape, contrary to the notion of a stagnant, monopolistic sector 5/N 100
