A world turned upside downThe Economist 'Economist' September 21, 2013 In 1987, when Bon Jovi when the peak on the world music scene, the global market value of the company is ranked No. 3 Tokyo Electric Power Company, it is little known outside of Japan. Today, Bon Jovi is still Nike Hyperdunk active nike dunk heels in the world music line, but the market value of the Tokyo Electric Power Company's only remaining 1/10 of 20 years Nike Air Force 1 ago, the brink of Air Jordan 1 bankruptcy. Ironically, since the leaking Fukushima nuclear power plant, Air Jordan 7 Retro the company has become world-famous. Although this comparison and ranking absurd, but Air Jordan 3 Retro also has its rationality, these rankings actually test for these companies viable. In 2009, the US company's influence fell to the bottom, then the world's largest market Nike Shoes Nike Basketball capitalization of 10 companies, only Mobil, Wal-Mart and Microsoft three companies on the list. Instead it is state-owned monopolies in emerging markets. China Air Jordan 11 Petroleum, China Mobile, Industrial and Commercial Bank of Nike Shox China and China Construction Bank ranks among the global top 10. Overnight, it seems that Nike Air Presto get through the monopoly of the means of wealth became mainstream. But now the situation has flipped, market capitalization Air Jordan 11 of listed companies ranked 10, US companies accounted Air Jordan 4 Retro for 9 seats. Moreover, the list expanded to the top 50, then the proportion of US companies are also increasing. The reasons for this phenomenon are two points behind. First, the United States not only has a strong ability to innovate, but also has a strong self-recovery capability. Apple and Google's eye-catching performance, and continues to promote the disruptive innovation. An interesting point is that Air Jordan 12 the top 10 of nine companies have six Nike King overseas sales are higher than domestic. Secondly, once again confirms the investment shares of state-owned enterprises is a suicide, in 2009 the value of the world's 10 largest listed companies decreased by $ 2.2 trillion over the peak period, fell more than 60%. For today's entrepreneurs who want to evergreen, we must adhere to innovation, although only a few entrepreneurs can do this, but at least rely on the government monopoly business is never impossible.
