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The Innovator's Dilemma

The Innovator's Dilemma

by Clayton Christensen

When New Technologies Cause Great Firms to Fail (Management of Innovation and Change)

1997
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'The reason why it is so hard for existing companies to capitalize on disruptive innovations is that their processes and business models, which make them good at existing businesses, also make them bad at competing for the disruptive business.'

Clayton Christensen, The Innovator's Dilemma