Re:Why companies lose their best innovators (2019)
by netcan on Sunday July 19, 2020 @08:28AM
(#23888886)
Nothing, at the particular level. Maybe nothing generally, unless you have issues with industrial consolidation.
Either way, you now have a more concentrated industry, with a larger share of resources in non innovative hands.
Also, don't rely too much on internet companies for your example. This is (was?) a sector with high, fast returns on innovation, low barriers to entry and low capital requirements. That's not the norm.
Re:Why companies lose their best innovators (2019)
by scarface74 on Sunday July 19, 2020 @08:47AM
(#23888968)
Apple isn’t an “Internet company”. It’s been around for over 40 years. It makes almost all of its money selling hardware and has the same challenges and long development cycles as any other manufacturer.
Also many of its most strategic acquisitions have been used to design and manufacture hardware from processors, biometric sensors, etc.
Yes I realize Apple doesn’t “manufacturer” anything. But its just a legal construct. More of a difference in degree than kind. It pours billions in its manufacturing partners.
Apple sells 300 million+ physical goods every year.
What’s wrong with that? An “innovation” is not always a product. Sometimes it’s just a feature of a larger product.
Apple for instance acquires a company every couple of weeks according to Cook. Those companies’ innovations get integrated into an already successful product.
“The Innovator’s Solution” is for larger companies to start a small independent team not beholden to the corporate structure. That’s basically what an M&A strategy is.