Strangling Innovation: Tesla versus “Rent Seekers”
Steve Blank
JUNE 24, 2013
Rent seeking lobbyists go directly to legislative bodies (Congress, State Legislatures, City Councils) to persuade government officials to enact laws and regulations in exchange for campaign contributions , appeasing influential voting blocks or future jobs in the regulated industry. i.e. revenue/profit sharing, two-tier hiring, etc.
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