Companies are building IP on proprietary data, not just technology. Kira Radinsky explains how initially data brings business new opportunities, but what happens next? Does data becomes the
barrier-to-entry to the market and thus prevents new competitors from entering, as the post suggests? "As a result of the established player’s access to vast amounts of proprietary data, overall
industry competitiveness suffers," writes Radinsky. "This hurts the economy." Radinsky points to Google as one of the biggest culprits. Even big companies like Microsoft felt the pain. Radinsky
explains.
Read the whole story at Harvard Business Review »