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To understand Samsung’s rise to dominance we have to go back to the turn of the new millennium when Apple released their first generation iPod in 2001, quickly followed by the iTunes store in 2002.
His measure of IT better explains the rise in industry concentration than do measures of M&A or entrepreneurship. Industries with a higher share of IT workers saw more concentration between 2002 and 2007, even after controlling for M&A activity and several other variables. Other academic research has found the same.
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