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	<title>Comments on: Kiko and Building versus Buying</title>
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	<description>Keeping politicians&#039; hands off the Net &#38; everything else related to technology</description>
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		<title>By: tramadol</title>
		<link>http://techliberation.com/2006/10/11/kiko-and-building-versus-buying/comment-page-1/#comment-35487</link>
		<dc:creator>tramadol</dc:creator>
		<pubDate>Sun, 21 Jan 2007 23:57:00 +0000</pubDate>
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</description>
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		<title>By: tramadol</title>
		<link>http://techliberation.com/2006/10/11/kiko-and-building-versus-buying/comment-page-1/#comment-52995</link>
		<dc:creator>tramadol</dc:creator>
		<pubDate>Sun, 21 Jan 2007 23:57:00 +0000</pubDate>
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		<description>&lt;p&gt;81e31de21f46 Good work     &lt;a href=&quot;http://www.abc-acupuncture.com/baxqorav&quot;&gt;http://www.abc-acupuncture.com/baxqorav&lt;/a&gt; tramadol&lt;/p&gt;
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		<content:encoded><![CDATA[<p>81e31de21f46 Good work     <a href="http://www.abc-acupuncture.com/baxqorav">http://www.abc-acupuncture.com/baxqorav</a> tramadol</p>]]></content:encoded>
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	<item>
		<title>By: Noel Le</title>
		<link>http://techliberation.com/2006/10/11/kiko-and-building-versus-buying/comment-page-1/#comment-52994</link>
		<dc:creator>Noel Le</dc:creator>
		<pubDate>Thu, 12 Oct 2006 03:56:17 +0000</pubDate>
		<guid isPermaLink="false">http://techliberation.com/2006/10/11/kiko-and-building-versus-buying/#comment-52994</guid>
		<description>&lt;p&gt;Oh, I should have emphasized that many R&amp;D; intensive companies are planning to offer their products as services. This doesn&#039;t quite change the importance of IP to them, nor does it make them the kind of ecommerce companies with little valuable IP. The the economics of capital, risk, misappropriation, etc, for these companies does not change that much.&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>Oh, I should have emphasized that many R&#038;D; intensive companies are planning to offer their products as services. This doesn&#8217;t quite change the importance of IP to them, nor does it make them the kind of ecommerce companies with little valuable IP. The the economics of capital, risk, misappropriation, etc, for these companies does not change that much.</p>]]></content:encoded>
	</item>
	<item>
		<title>By: Noel Le</title>
		<link>http://techliberation.com/2006/10/11/kiko-and-building-versus-buying/comment-page-1/#comment-52993</link>
		<dc:creator>Noel Le</dc:creator>
		<pubDate>Thu, 12 Oct 2006 03:24:52 +0000</pubDate>
		<guid isPermaLink="false">http://techliberation.com/2006/10/11/kiko-and-building-versus-buying/#comment-52993</guid>
		<description>&lt;p&gt;Well, if you&#039;re describing low capital and risk intensive companies not incorporating IP into their strategy, THEN YES!!! We exchanged messages about this. Roughly speaking, as businesses move from services, to software to hardware based business models, they tend to value patents more. With copyrights, its a bit different, but you understand the general scale I&#039;m drawing. The key is that the importance of IP occurs on a scale.&lt;br&gt;&lt;br&gt;There are exceptions though. I was wrong about generalizing &quot;ecommerce&quot; companies as low capital and low risk. Look at Google, they roughly fit this description, but the economic value of their search algorithm, developed at Stanford, fits with Jim DeLong&#039;s theory.&lt;br&gt;&lt;br&gt;Finally, I&#039;m hesitant to generalize to much about YouTube. We never witnessed it on the business path after signing with content owners. It might have acquired enough revenue to invest in development, offered DRM, stayed IP free, who knows...&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>Well, if you&#8217;re describing low capital and risk intensive companies not incorporating IP into their strategy, THEN YES!!! We exchanged messages about this. Roughly speaking, as businesses move from services, to software to hardware based business models, they tend to value patents more. With copyrights, its a bit different, but you understand the general scale I&#8217;m drawing. The key is that the importance of IP occurs on a scale.<br /><br />There are exceptions though. I was wrong about generalizing &#8220;ecommerce&#8221; companies as low capital and low risk. Look at Google, they roughly fit this description, but the economic value of their search algorithm, developed at Stanford, fits with Jim DeLong&#8217;s theory.<br /><br />Finally, I&#8217;m hesitant to generalize to much about YouTube. We never witnessed it on the business path after signing with content owners. It might have acquired enough revenue to invest in development, offered DRM, stayed IP free, who knows&#8230;</p>]]></content:encoded>
	</item>
	<item>
		<title>By: Noel Le</title>
		<link>http://techliberation.com/2006/10/11/kiko-and-building-versus-buying/comment-page-1/#comment-35486</link>
		<dc:creator>Noel Le</dc:creator>
		<pubDate>Thu, 12 Oct 2006 02:56:17 +0000</pubDate>
		<guid isPermaLink="false">http://techliberation.com/2006/10/11/kiko-and-building-versus-buying/#comment-35486</guid>
		<description>&lt;p&gt;Oh, I should have emphasized that many R&amp;D intensive companies are planning to offer their products as services. This doesn&#039;t quite change the importance of IP to them, nor does it make them the kind of ecommerce companies with little valuable IP. The the economics of capital, risk, misappropriation, etc, for these companies does not change that much.&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>Oh, I should have emphasized that many R&amp;D intensive companies are planning to offer their products as services. This doesn&#8217;t quite change the importance of IP to them, nor does it make them the kind of ecommerce companies with little valuable IP. The the economics of capital, risk, misappropriation, etc, for these companies does not change that much.</p>]]></content:encoded>
	</item>
	<item>
		<title>By: Noel Le</title>
		<link>http://techliberation.com/2006/10/11/kiko-and-building-versus-buying/comment-page-1/#comment-35485</link>
		<dc:creator>Noel Le</dc:creator>
		<pubDate>Thu, 12 Oct 2006 02:24:52 +0000</pubDate>
		<guid isPermaLink="false">http://techliberation.com/2006/10/11/kiko-and-building-versus-buying/#comment-35485</guid>
		<description>&lt;p&gt;Well, if you&#039;re describing low capital and risk intensive companies not incorporating IP into their strategy, THEN YES!!! We exchanged messages about this. Roughly speaking, as businesses move from services, to software to hardware based business models, they tend to value patents more. With copyrights, its a bit different, but you understand the general scale I&#039;m drawing. The key is that the importance of IP occurs on a scale.&lt;/p&gt;

&lt;p&gt;There are exceptions though. I was wrong about generalizing &quot;ecommerce&quot; companies as low capital and low risk. Look at Google, they roughly fit this description, but the economic value of their search algorithm, developed at Stanford, fits with Jim DeLong&#039;s theory.&lt;/p&gt;

&lt;p&gt;Finally, I&#039;m hesitant to generalize to much about YouTube. We never witnessed it on the business path after signing with content owners. It might have acquired enough revenue to invest in development, offered DRM, stayed IP free, who knows...&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>Well, if you&#8217;re describing low capital and risk intensive companies not incorporating IP into their strategy, THEN YES!!! We exchanged messages about this. Roughly speaking, as businesses move from services, to software to hardware based business models, they tend to value patents more. With copyrights, its a bit different, but you understand the general scale I&#8217;m drawing. The key is that the importance of IP occurs on a scale.</p>

<p>There are exceptions though. I was wrong about generalizing &#8220;ecommerce&#8221; companies as low capital and low risk. Look at Google, they roughly fit this description, but the economic value of their search algorithm, developed at Stanford, fits with Jim DeLong&#8217;s theory.</p>

<p>Finally, I&#8217;m hesitant to generalize to much about YouTube. We never witnessed it on the business path after signing with content owners. It might have acquired enough revenue to invest in development, offered DRM, stayed IP free, who knows&#8230;</p>]]></content:encoded>
	</item>
	<item>
		<title>By: Tim</title>
		<link>http://techliberation.com/2006/10/11/kiko-and-building-versus-buying/comment-page-1/#comment-52992</link>
		<dc:creator>Tim</dc:creator>
		<pubDate>Wed, 11 Oct 2006 23:55:45 +0000</pubDate>
		<guid isPermaLink="false">http://techliberation.com/2006/10/11/kiko-and-building-versus-buying/#comment-52992</guid>
		<description>&lt;p&gt;So your contention is that DeLong&#039;s theory doesn&#039;t apply for companies such as YouTube, MapQuest, and Kiko?&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>So your contention is that DeLong&#8217;s theory doesn&#8217;t apply for companies such as YouTube, MapQuest, and Kiko?</p>]]></content:encoded>
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		<title>By: Noel Le</title>
		<link>http://techliberation.com/2006/10/11/kiko-and-building-versus-buying/comment-page-1/#comment-52991</link>
		<dc:creator>Noel Le</dc:creator>
		<pubDate>Wed, 11 Oct 2006 23:30:40 +0000</pubDate>
		<guid isPermaLink="false">http://techliberation.com/2006/10/11/kiko-and-building-versus-buying/#comment-52991</guid>
		<description>&lt;p&gt;Tim, this must be the third time in less than 24 hours that you&#039;ve tried to play down the importance of IP by focusing on an ecommerce company whose economic structure is low risk and low cost- which already suggest that IP would not be important to it.&lt;br&gt;&lt;br&gt;Your lessons are a bit off mark though. Perhaps I&#039;m skeptical, but its never good to read too much into things.&lt;br&gt;&lt;br&gt;Your first lesson pretty much just says that the company didn&#039;t create its own program because it wasn&#039;t an immediate busienss priority.&lt;br&gt;&lt;br&gt;Your second lesson is easily explained. For any ecommerce company with low R&amp;D; costs, it should be expected that this company&#039;s IP assets are not a large part of its worth.&lt;br&gt;&lt;br&gt;Your third lesson is also simple. So this company is not worth very much. That makes it easy to buy...:)&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>Tim, this must be the third time in less than 24 hours that you&#8217;ve tried to play down the importance of IP by focusing on an ecommerce company whose economic structure is low risk and low cost- which already suggest that IP would not be important to it.<br /><br />Your lessons are a bit off mark though. Perhaps I&#8217;m skeptical, but its never good to read too much into things.<br /><br />Your first lesson pretty much just says that the company didn&#8217;t create its own program because it wasn&#8217;t an immediate busienss priority.<br /><br />Your second lesson is easily explained. For any ecommerce company with low R&#038;D; costs, it should be expected that this company&#8217;s IP assets are not a large part of its worth.<br /><br />Your third lesson is also simple. So this company is not worth very much. That makes it easy to buy&#8230;:)</p>]]></content:encoded>
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		<title>By: Tim</title>
		<link>http://techliberation.com/2006/10/11/kiko-and-building-versus-buying/comment-page-1/#comment-35484</link>
		<dc:creator>Tim</dc:creator>
		<pubDate>Wed, 11 Oct 2006 22:55:45 +0000</pubDate>
		<guid isPermaLink="false">http://techliberation.com/2006/10/11/kiko-and-building-versus-buying/#comment-35484</guid>
		<description>&lt;p&gt;So your contention is that DeLong&#039;s theory doesn&#039;t apply for companies such as YouTube, MapQuest, and Kiko?&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>So your contention is that DeLong&#8217;s theory doesn&#8217;t apply for companies such as YouTube, MapQuest, and Kiko?</p>]]></content:encoded>
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		<title>By: Noel Le</title>
		<link>http://techliberation.com/2006/10/11/kiko-and-building-versus-buying/comment-page-1/#comment-35483</link>
		<dc:creator>Noel Le</dc:creator>
		<pubDate>Wed, 11 Oct 2006 22:30:40 +0000</pubDate>
		<guid isPermaLink="false">http://techliberation.com/2006/10/11/kiko-and-building-versus-buying/#comment-35483</guid>
		<description>&lt;p&gt;Tim, this must be the third time in less than 24 hours that you&#039;ve tried to play down the importance of IP by focusing on an ecommerce company whose economic structure is low risk and low cost- which already suggest that IP would not be important to it.&lt;/p&gt;

&lt;p&gt;Your lessons are a bit off mark though. Perhaps I&#039;m skeptical, but its never good to read too much into things.&lt;/p&gt;

&lt;p&gt;Your first lesson pretty much just says that the company didn&#039;t create its own program because it wasn&#039;t an immediate busienss priority.&lt;/p&gt;

&lt;p&gt;Your second lesson is easily explained. For any ecommerce company with low R&amp;D costs, it should be expected that this company&#039;s IP assets are not a large part of its worth.&lt;/p&gt;

&lt;p&gt;Your third lesson is also simple. So this company is not worth very much. That makes it easy to buy...:)&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>Tim, this must be the third time in less than 24 hours that you&#8217;ve tried to play down the importance of IP by focusing on an ecommerce company whose economic structure is low risk and low cost- which already suggest that IP would not be important to it.</p>

<p>Your lessons are a bit off mark though. Perhaps I&#8217;m skeptical, but its never good to read too much into things.</p>

<p>Your first lesson pretty much just says that the company didn&#8217;t create its own program because it wasn&#8217;t an immediate busienss priority.</p>

<p>Your second lesson is easily explained. For any ecommerce company with low R&amp;D costs, it should be expected that this company&#8217;s IP assets are not a large part of its worth.</p>

<p>Your third lesson is also simple. So this company is not worth very much. That makes it easy to buy&#8230;:)</p>]]></content:encoded>
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		<title>By: Tim Lee</title>
		<link>http://techliberation.com/2006/10/11/kiko-and-building-versus-buying/comment-page-1/#comment-52990</link>
		<dc:creator>Tim Lee</dc:creator>
		<pubDate>Wed, 11 Oct 2006 20:07:14 +0000</pubDate>
		<guid isPermaLink="false">http://techliberation.com/2006/10/11/kiko-and-building-versus-buying/#comment-52990</guid>
		<description>&lt;p&gt;Thanks! Levine and Boldrin are still on my list--so many good books, so little time. But for now I&#039;m still firmly on the pro-IP side of the fence.&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>Thanks! Levine and Boldrin are still on my list&#8211;so many good books, so little time. But for now I&#8217;m still firmly on the pro-IP side of the fence.</p>]]></content:encoded>
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		<title>By: Tim Lee</title>
		<link>http://techliberation.com/2006/10/11/kiko-and-building-versus-buying/comment-page-1/#comment-35482</link>
		<dc:creator>Tim Lee</dc:creator>
		<pubDate>Wed, 11 Oct 2006 19:07:14 +0000</pubDate>
		<guid isPermaLink="false">http://techliberation.com/2006/10/11/kiko-and-building-versus-buying/#comment-35482</guid>
		<description>&lt;p&gt;Thanks! Levine and Boldrin are still on my list--so many good books, so little time. But for now I&#039;m still firmly on the pro-IP side of the fence.&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>Thanks! Levine and Boldrin are still on my list&#8211;so many good books, so little time. But for now I&#8217;m still firmly on the pro-IP side of the fence.</p>]]></content:encoded>
	</item>
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		<title>By: PLN</title>
		<link>http://techliberation.com/2006/10/11/kiko-and-building-versus-buying/comment-page-1/#comment-52989</link>
		<dc:creator>PLN</dc:creator>
		<pubDate>Wed, 11 Oct 2006 17:53:36 +0000</pubDate>
		<guid isPermaLink="false">http://techliberation.com/2006/10/11/kiko-and-building-versus-buying/#comment-52989</guid>
		<description>&lt;p&gt;Great post; I love this series you&#039;re doing.&lt;br&gt;&lt;br&gt;Incidentally, did you ever finish Levine &amp; Boldrin&#039;s book?  This is one of their main points against patents: IP by itself is nothing; it&#039;s not even meaningful.  IP must be embodied in &lt;em&gt;people&lt;/em&gt; before it can do anything.&lt;br&gt;&lt;br&gt;Come on over to the dark side of IP-abolitionism, Tim.  All the cool kids are doing it.&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>Great post; I love this series you&#8217;re doing.<br /><br />Incidentally, did you ever finish Levine &amp; Boldrin&#8217;s book?  This is one of their main points against patents: IP by itself is nothing; it&#8217;s not even meaningful.  IP must be embodied in <em>people</em> before it can do anything.<br /><br />Come on over to the dark side of IP-abolitionism, Tim.  All the cool kids are doing it.</p>]]></content:encoded>
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	<item>
		<title>By: PLN</title>
		<link>http://techliberation.com/2006/10/11/kiko-and-building-versus-buying/comment-page-1/#comment-35481</link>
		<dc:creator>PLN</dc:creator>
		<pubDate>Wed, 11 Oct 2006 16:53:36 +0000</pubDate>
		<guid isPermaLink="false">http://techliberation.com/2006/10/11/kiko-and-building-versus-buying/#comment-35481</guid>
		<description>&lt;p&gt;Great post; I love this series you&#039;re doing.&lt;/p&gt;

&lt;p&gt;Incidentally, did you ever finish Levine &amp; Boldrin&#039;s book?  This is one of their main points against patents: IP by itself is nothing; it&#039;s not even meaningful.  IP must be embodied in &lt;em&gt;people&lt;/em&gt; before it can do anything.&lt;/p&gt;

&lt;p&gt;Come on over to the dark side of IP-abolitionism, Tim.  All the cool kids are doing it.&lt;/p&gt;
</description>
		<content:encoded><![CDATA[<p>Great post; I love this series you&#8217;re doing.</p>

<p>Incidentally, did you ever finish Levine &amp; Boldrin&#8217;s book?  This is one of their main points against patents: IP by itself is nothing; it&#8217;s not even meaningful.  IP must be embodied in <em>people</em> before it can do anything.</p>

<p>Come on over to the dark side of IP-abolitionism, Tim.  All the cool kids are doing it.</p>]]></content:encoded>
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