Nicolas Petit @competitionprof.bsky.social · 13/01/2025The discrepancy in market cap between historical trusts and modern tech giants is less surprising when considering the nature of today's economy. 10/N 100
Nicolas Petit @competitionprof.bsky.social · 13/01/2025Thirdly, the estimate that inventors' innovative output declines by 6 to 11% when joining an incumbent firm is relatively small and may be considered de minimis. 11/N 100
Nicolas Petit @competitionprof.bsky.social · 13/01/2025More importantly, from an institutional perspective, incumbent firms—particularly diversified conglomerates like big tech—may use means other than patents to appropriate innovations. 12/N 100
