Dear Internet: You Are Extraordinary, But Not Exceptional
Professor Shane Greenstein is annoyed by “Internet exceptionalism,” the prevalent idea that the Internet defies economic logic, that there’s never been anything like it in business history, and that its impact supersedes everything. In his new book, Greenstein argues that the Internet actually follows classic patterns of economic behavior, detailing the commercial forces that guided the Internet’s path from cool invention to successful innovation. … [ Read more ]
Content: Article | Authors: Carmen Nobel, Shane Greenstein | Source: Harvard Business School (HBS) Working Knowledge | Subject: Economics