Kyoto the Line

“If you look at the economics textbooks, enterprises are supposed to be maximizing profits, scaling up their size, market share and growth rate. But these companies’ operating principles are completely different … Their No. 1 priority is carrying on … Each generation is like a runner in a relay race. What’s important is passing the baton.” NYT: This Japanese Shop Is 1,020 Years Old. It Knows a Bit About Surviving Crises. (Maybe, but will it scale?)