kaal:claim:3808859-002

Market leaders fail against disruptive technologies because they shortsightedly refuse to cannibalize their own dominant position, and that refusal often produces abrupt loss of market dominance or total replacement.

Source quote, verbatim
A market leader's lack of investment in disruptive technologies often results in the abrupt loss of market dominance or even total replacement in such markets. Market leaders often shortsightedly refuse to cannibalize their market dominance
From

Wulf A. Kaal, Decentralization – Why We Need Technology Infrastructure Upgrades (2021), I. Introduction, p. 5
https://ssrn.com/abstract=3808859 · source PDF

Cite as

Wulf A. Kaal, Decentralization – Why We Need Technology Infrastructure Upgrades (2021). SSRN: https://ssrn.com/abstract=3808859

Holds when
Classification

failuresupport: arguedfailure: incumbent refusal to self-cannibalizefamily: incumbent-resistance-to-adoptioninnovationeconomics

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