Brexit has been viewed by some commentators as a protest vote against the globalisation paradigm. As the Internet is the technological basis for global integration, and the medium through which billions of people experience globalisation, Brexit should make us think more seriously about the future of the Internet.
HONG KONG -- Britain's Achilles' heel is its small size. We don't have the large domestic market that technology companies need to support investments in R&D and capture the scale benefits of networks. It is why too many British-founded technology companies sell out early to U.S. companies or are re-domiciled to Boston or Palo Alto by U.S. venture capitalists.