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Saturday, July 17, 2004

What We Learned In The New Economy via FC

At the dawn of the Internet era, many old-line companies were indeed unresponsive and inflexible, leaving themselves vulnerable to new competition. Many still are. But those big corporations, it turned out, had other things going for them. One was, well, bigness, which brings leverage over suppliers and customers, plus access to capital markets. Established companies also enjoy powerful distribution channels, brand awareness, and relationships that aren't toppled quickly. All these theroies are getting busted as the power of the internet and the increasingly better performance being pumped out by may ebusiness enterprisesI reread this article after sometime to see whether I agree with the theme of the article -only to find that I tend to agree more, not less.

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Sadagopan's Weblog on Emerging Technologies, Trends,Thoughts, Ideas & Cyberworld