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Yesterday, AOL Time Warner executives said the change in strategy was partly a recognition that during the fat years of the Internet boom AOL's executives took their eyes off incipient industry trends like movement toward high-speed access.
When I mentioned that I would eventually like to be a venture capitalist in that country, but that it was an incipient industry, he asked: "So in your opinion, what macroeconomic conditions and structural reforms would you need for venture capital to flourish in Brazil?" I had to reach for a sip of water.
These three market failures explained before give fundamental to the argument of incipient industry: the creation of rents for the promotion of punctual strategic economic sectors.
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Regardless of the law that emerges from Congress, some in the incipient crowdfunding industry are gearing up to police themselves.
Germany's domestic solar manufacturing is beginning to look like a house of cards, but things look even worse for the incipient solar industry in the United States.
The strident slogans of Vietnamese nationalism and Marxism had fallen victim to Soviet incompetence, emerging trade relations with capitalists from Japan and the West and an incipient tourist industry.
An agricultural trade centre (peanuts [groundnuts], palm oil, and kernels) among the Muslim Malinke (Mandingo) and Dyola (Diola or Jola) peoples, it is also the focus for the country's incipient forest industry (teak and gmelina).
Brazil nationalized its incipient oil industry in 1953, creating the state firm Petrobrás that eventually ranked alongside Mexico's PEMEX (outcome of the 1938 oil expropriation) and Venezuela's PETROVEN (1975) as one of Latin America's three largest economic enterprises, all state-run.
Ironically, U.S. cables hint that even as Brazil sought to build up its incipient arms industry and boost weapons sales, the country also feared that Venezuela might seek to carve out a larger sphere of influence.
By focusing on the incipient electronic industry in the early 1970s, Bell concludes that science and theoretical knowledge are more and more crucial for technological innovations in production.
At any rate, the paper oyster pail and the incipient Chinese-food industry — which was beginning its meteoric rise in the early 20th century — seemed made for each other.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com