# kaal:claim:3411897-011

**Claim.** A market leader's lack of investment in disruptive technologies often causes abrupt loss of market dominance and even total replacement, because market leaders shortsightedly refuse to cannibalize their own dominance through disruptive technologies.

**Type.** failure  **Support.** argued

**Holds when.**

- markets subject to disruptive technological entry

**Source quote.**

> A market leader's lack of investment in disruptive technologies often results in the abrupt loss of market dominance and often even total replacement in such markets. Market leaders often shortsightedly refuse to cannibalize their market dominance through the use of disruptive technologies.

**From.** Wulf A. Kaal, *Decentralization - Past, Present, and Future* (2019), Part I: The Past, How We Got This Far, page 15

**Cite as.** Wulf A. Kaal, Decentralization - Past, Present, and Future (2019). SSRN: https://ssrn.com/abstract=3411897

**Verify.** sha256 of source PDF `82f0aea026b3e3a526ec51bc073b3b864dc06cd9083ff9c54c550037045edaa9` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202019%20-%20Decentralization%20-%20Past%2C%20Present%2C%20and%20Future.pdf

**Failure mode.** refusal-to-cannibalize  (family: incumbent-resistance-to-adoption)

**Topics.** innovation, economics

**Keywords.** disruptive-innovation, cannibalization, incumbent-failure, market-dominance

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/3808859-002
- extends: https://wulfkaal.github.io/claims/2808132-007
- extends: https://wulfkaal.github.io/claims/2808132-008

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.