But for this to be true, there must be some reason why the people with the principal attribute cannot simply seek and incorporate the advice of the people with the secondary attribute.
It’s also required that there be some reason why people with the secondary skill can’t train themselves in the primary attribute and displace the original set. This approach is essential to many entrepreneurs, for instance.
This does not, of course, detract from your argument.
I think that’s right. More broadly, the “unfavorable joint distribution of attributes retards adoption of good ideas” phenomenon doesn’t apply when the limitations imposed by the joint distribution can be easily gotten around one way or the other. That’s why I suspect it is most at play when one of the scarce attributes is actually the willingness to entertain doing the things that would be necessary to escape the constraints imposed by the other scarce attributes.
It’s also required that there be some reason why people with the secondary skill can’t train themselves in the primary attribute and displace the original set. This approach is essential to many entrepreneurs, for instance.
This does not, of course, detract from your argument.
I think that’s right. More broadly, the “unfavorable joint distribution of attributes retards adoption of good ideas” phenomenon doesn’t apply when the limitations imposed by the joint distribution can be easily gotten around one way or the other. That’s why I suspect it is most at play when one of the scarce attributes is actually the willingness to entertain doing the things that would be necessary to escape the constraints imposed by the other scarce attributes.
Yep, economists call this barriers to entry.