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from Part II - Who Are the Choice-Makers?
Published online by Cambridge University Press: 29 April 2023
Industries rely heavily on resources. Resource scarcity and price fluctuations can significantly affect business outcomes. Traditional industries rely on tangible materials. The automobile industry, for example, uses iron, aluminum, glass, and other physical resources. In recent years, we have seen a shift toward increased use of intangible resources, like patents or information.1 The Internet economy is not the first to rely on intangible resources, but it does one thing differently. It keeps these resources at the back of the stage – in the shadows.
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