Built Quote by Edwin Land
“Who can object to a monopoly when any new company, if it is built around a scientific nucleus, can create a new monopoly of its own by creating a wholly new field?”
About This Quote
When a venture is built on a novel scientific foundation, it can dominate a new market, effectively forming a monopoly of its own.
In simple terms: Innovation creates its own market power.
Key Takeaway
Scientific breakthroughs can generate exclusive dominance.
Themes
innovation
monopoly
technology
economics
Mood
analytical
cautious
Type
observational
strategic
When to use this quote
- startup pitch
- tech policy debates
- R&D strategy meetings
Key Concepts
first‑mover advantage
Practical Applications
- invest in core research
- protect intellectual property
Questions to Reflect On
- When does a monopoly become harmful?
- How can regulation balance innovation and competition?
A Different Perspective
Monopolies can stifle competition and limit broader societal benefit.
