innovator's dilemma
The observation that well-established companies tend to concentrate on improving…The observation that well-established companies tend to concentrate on improving existing products, leaving them vulnerable to new competitors and disruptive technologies.
Meaning
1 sensesThe observation that well-established companies tend to concentrate on improving existing products, leaving them vulnerable to new competitors and disruptive technologies.
Origin
Described in the 1997 book The Innovator's Dilemma by American business consultant ClaytonDescribed in the 1997 book The Innovator's Dilemma by American business consultant Clayton Christensen.
Wiktionary, CC BY-SA 4.0 · source
Dictionary text adapted from Wiktionary (Wiktionary contributors, CC BY-SA 4.0) and Open English WordNet / Princeton WordNet (CC BY 4.0, WordNet License); shared under CC BY-SA 4.0. Example sentences and recordings are credited where they appear.