While we think often about new technology as a key driver of new business, it isn’t the only method of gaining competitive advantage. James K. Galbraith in his book “The Predator State” (see pages 178 & 179 in particular) reminds us that controlling regulations can be a source of competitive advantage too. Today’s article in the Wall St. Journal “Natural Gas Tilts at Windmills in Power Feud” is a great example. Is the playing field the same for natural gas and windpower? Should it really be the same? What technology could level the playing field?
———— ADDED 3/3/2010 ————-
Isn’t it interesting. When you start to look for something you keep finding it. Here’s an example of how “big solar” killed a bill to avoid setting standards in Arizona.
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Logically