The notion of market tipping in IoT confuses the first-mover advantage inherent to “market creation.” Absent market tipping, or with considerable qualifications, antitrust authorities should reconsider a hasty analysis concluding that IoT markets epitomize gatekeepers.
Publications
September 15, 2021
The linchpin of President Biden's strategy to achieve a net-zero electricity grid by 2035 is a national clean electricity performance program, or CEPP, which encourages utilities to produce an increasing amount of power from low-carbon resources.
September 13, 2021
Following in the footsteps of Snap’s Spectacles and Amazon’s Echo Frames, Facebook’s newly announced Ray-Ban Stories smart glasses are the latest effort to transition digital communications from handheld devices to wearable displays.
September 13, 2021
The prevailing narrative is that Americans work in an economy of growing job insecurity, and that new technologies like artificial intelligence have only made matters worse. In fact, jobs are more secure now than at any time since the mid-1990s.
September 13, 2021
As the Biden administration works with its EU counterparts through the new U.S.-EU Trade and Technology Council (TTC), it should hold firm in defending the superior U.S. innovation system. To that end, U.S. negotiators must first clarify their positions on at least four strategic questions.
September 13, 2021
With technological advancements in deep-well drilling and material improvements, Enhanced Geothermal Systems technology costs could be reduced, and geothermal energy could make substantial contributions to a net-zero energy system over the long term.
September 13, 2021
When firms invest outward into foreign countries, they are deepening global value chains and growing markets overseas. This growth translates into increased sales and performance for the investing firms, which can expect a positive impact on their domestic activities.
September 8, 2021
The excitement of Christmas and the presents that Santa Claus would bring best describes today's American politics. Each party is competing to win votes by providing the presents. The more the better.
September 7, 2021
When today’s “useful idiots” compare China’s actions to the United States’ as the same, they are playing directly into Xi Jinping’s hands, weakening opposition to China’s destructive policies.
September 7, 2021
Staring in 2022, a provision in the 2017 Tax Cuts and Jobs Act will require companies to start amortizing their R&D investments over five years instead of expensing them in the same year they incur the costs. Congress should repeal the rule before it takes effect. Otherwise, companies will do less research in the United States, jobs will be lost, and U.S. competitiveness will suffer.