Month: July 2006
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University-Purchased Music Services a Bust
When universities buy music service subscriptions for their students, few students use them, according to Nick Timiraos’s story in yesterday’s Wall Street Journal. Students tend to download music illegally, or buy it from iTunes instead. In explaining the popularity of Napster and other file-sharing systems, commentators have often overemphasized the price factor and underestimated convenience.…
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Why Do Innovation Clusters Form?
Recently I attended a very interesting conference about high-tech innovation and public policy, with experts in various fields. (Such a conference will be either boring or fascinating, depending on who exactly is invited. This one was great.) One topic of discussion was how innovation clusters form. “Innovation cluster” is the rather awkward term for a…