New business needs a big rescue, too
"Job creation is, by definition, a net number. We need new businesses...to create economic opportunity..."
"Job creation is, by definition, a net number. We need new businesses...to create economic opportunity..."
“... the entire community here at MIT... really rallied to COVID-19 and this need for crisis innovation with such passion and purpose."
Prof. Chatterjee says Amazon’s brick-and-mortar competitors would need months of lead time to build the kind of distribution muscle Amazon has.
“...we should invest … [in] projects that will have a long-run payoff that will enable the industries and jobs of the future."
“We are reasonably certain until approximately June 15 there will be significant measures...After that, God knows.”
Department stores have been struggling...there is still a place for them if they can give customers what they’re looking for.
"Bricks and mortar retailers thought e-commerce would be a small component and adoption would be slower."
Positioning itself as the inclusive, socially-minded ride-sharing company is a smart move.
“Gogoro will see that in the long term competitors like Lyft and Lime will have longer lasting batteries and better technology."
Instead of investing where they need to most, many retailers have fallen into the price discount trap...