Another really insightful piece – unpublished as yet … Feldstad, Gao and Burkay of BI Norwegian School of Management on how come Google and eBay – mega powerful global players in their sectors – both got killed by local rivals in China [in eBay’s case, in spite of acquiring a strong local player]? In both cases, it seems, they got the ‘value network model’ wrong – well worth a visit to www.alibaba.com who saw off eBay. Here’s a summary, which will feature in ...
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