Innovation—it s Magic. Really. Stefan Thomke a student of magic compares innovation and the art of illusion for the European Business Review. After all leading magicians are constantly under pressure to come up with new effects that wow audiences. They have to innovate frequently and rely on a systematic way of doing so. His article coauthor with practicing magician Jason Randal is titl The Magic of Innovation.
Standing Up To Wall Street
Why do Wall Street and the financial sector hold such a disproportionate amount of power over CEOs of public companies Writes Gautam Mukunda in the June issue of Harvard Business Review This financialization of the economy has serious Iceland Phone Number List downsides it increases volatility inhibits growth and misallocates resources such as talent and capital away from wealth creation and toward wealth distribution. Mukunda calls for tax reforms and legislation limiting the size of banks in the article The Price of Wall Street s Power. —Sean Silverthorne PUBLICATIONS AUGUST PUB Cannibalization and Option.
Value Effects of Secondary Markets
Evidence from the U.S. Concert Industry By nnett Victor Manuel Rort Seamans and Feng Zhu ABSTRACT—We examine how rucing search Belgium phone number list in secondary markets affects the value appropriat by firms in primary markets. market firms caus by intermiaries entering secondary markets the cannibalization and option value effects. Separation tween primary and secondary markets can drive which of the two effects dominates. Firms selling valuable and scarce products are more likely to have separate primary and secondary markets and will therefore appropriate more value when secondary markets thicken.
