Ronald Coase won the 1991 Nobel Prize in Economics for his … - Salim Ismail

" "
Ronald Coase won the 1991 Nobel Prize in Economics for his theory that larger companies do better because they aggregate assets under one roof and, as a result, enjoy lower transaction costs. Two decades later, the reach delivered by the information revolution has negated the need to aggregate assets in the first place.

Salim Ismail

This quote has a book source. Sign up to see titles and page references

English

Collect this quote

All quotes from Salim Ismail Similar Quotes by other Originators

Originators like Salim Ismail:

Peter Diamandis Peter Thiel Kevin Kelly Reid Hoffman Eric Ries

Additional quotes by Salim Ismail

Indeed, the rate of change is so high everywhere these days that you now must assume that someone will disrupt you, and often from a direction you least expect. As Steve Forbes sees it, "You have to disrupt yourself or others will do it for you." This applies to every market, geography and industry

In 2011, Insurance giant Allstate, with forty of the best actuaries and data scientists money could buy, wanted to see if its claims algorithm could be improved upon, so it ran a contest on Kaggle.

The platform can be thought of as a combination of Quirky (product development) and Kaggle (incentive competitions), but for cars and other vehicles.

Ronald Coase won the 1991 Nobel Prize in Economics for his theory that larger companies do better because they aggregate assets under one roof and, a… - Salim Ismail

Try QuoteGPT

Additional quotes by Salim Ismail