If increasing returns compound to a firm capturing the market, that firm and its investors will enjoy great success. But success entails failure for rivals. If the winner takes all, losers take nothing.
Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities
Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities