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
Nicolas Petit @competitionprof.bsky.social · 13/01/2025Our colleague and coauthor David Teece highlighted this in his seminal 1980 paper on "Economies of scope and the scope of the enterprise" 13/N 100
Nicolas Petit @competitionprof.bsky.social · 13/01/2025On the topic of growth through acquisition, it's not so simple. There is significant heterogeneity in how firms expand. 14/N 100
