MIT Sloan Management Review Article on Aligning Business and Government on Climate Change

Acknowledging the power of markets means strengthening government involvement, not abandoning it.

In 1914, Singer Sewing Machine was the seventh largest company in the world, dominating the sewing machine market with a 90% share of all sewing machine sales outside the United States. Years later, IBM created a whole new market for computers with its room-sized mainframes, ushering in a new technology era for business. More recently, Amazon upended the retail sector by expanding the market for online consumption. A great deal of business history can be written about companies creating, dominating, and upending markets.

About the Author

David Kiron is executive editor of MIT Sloan Management Review. He tweets @DavidKiron1.

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