Kodak and The Innovator’s Paradox

”When you have the ability to change, you don’t feel the need. Then, when the need becomes really acute, you no longer have the ability.”

Adjusting to new technologies is a challenging task for companies, especially when the current technology is very profitable and constitutes a majority of the company’s income. The fear of cannibalizing on your own business holds back innovation, but not innovating can be even more detrimental.

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