IN FIVE years’ time, says Andy Grove, the former chairman of Intel, all companies will be Internet companies, or they won’t be companies at all. [Source]

Good description of Microsoft — by Ralph Waldo Emerson!

“An institution”, he once said, “is the lengthened shadow of one man.”

“Can the Corporation survive?”
Useful Economist piece on Coase’s theory of the firm and how it stands up in modern times.