Comments on: Others on the Aging of U.S. Firms http://www.arnoldkling.com/blog/others-on-the-aging-of-u-s-firms/ taking the most charitable view of those who disagree Mon, 21 Dec 2020 00:12:22 +0000 hourly 1 https://wordpress.org/?v=4.0.32 By: djf http://www.arnoldkling.com/blog/others-on-the-aging-of-u-s-firms/#comment-449871 Sun, 03 Aug 2014 01:11:48 +0000 http://www.arnoldkling.com/blog/?p=3678#comment-449871 Arnold writes: “In any event, it is probably hard to find a profitable strategy that involves creating lots of new jobs for unskilled workers in the U.S.”

Arnold, does this statement have any bearing at all on what you believe our immigration policy should be? Sorry to be off the topic, but that sentence fairly begs the question.

]]> By: J http://www.arnoldkling.com/blog/others-on-the-aging-of-u-s-firms/#comment-449831 Sat, 02 Aug 2014 17:40:54 +0000 http://www.arnoldkling.com/blog/?p=3678#comment-449831 A pharma startup does not have to deal with regulation. It can sell the patented molecule to large corporations with the time and resources to push it though the regulatory Via Dolorosa, and most do.

]]> By: Bryan Willman http://www.arnoldkling.com/blog/others-on-the-aging-of-u-s-firms/#comment-449826 Sat, 02 Aug 2014 16:32:37 +0000 http://www.arnoldkling.com/blog/?p=3678#comment-449826 What if “startups” are divided into:
a. New entry in an existing market – new medical practice, new plumber, yet another fast food outlet, etc.
versus
b. Truly new or effectively new product or service.

Group a. will be heavily affected by market saturation (how many more fast food joints do most areas possibly want or need?), cognitive saturation (there are more brands of high end watches than anybody can keep track of), and so on.

Group b. will be very heavily affected by the arrival (or non-arrival) of new circumstances that make things feasible, and people seeing the possibilities to act on them.

]]> By: Kevin Erdmann http://www.arnoldkling.com/blog/others-on-the-aging-of-u-s-firms/#comment-449824 Sat, 02 Aug 2014 16:23:49 +0000 http://www.arnoldkling.com/blog/?p=3678#comment-449824 I would tend to agree with your conclusions, but I wonder if some of this is a statistical anomaly because of the apparent tendency in pharmaceuticals and tech to acquire bits of competitive advantage through acquisition. So, there are a bunch of 5 year old firms, but they are all just a part of Google or yahoo now.

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