Appleyard, Melissa M.; Wang, Clara Y.; Liddle, J. Alexander - In: Managerial and Decision Economics 29 (2008) 5, pp. 407-423
Previous studies have analyzed how incumbents may falter when they focus too narrowly on satisfying the needs of current customers at the expense of pursuing innovations that will ensure future market leadership. This paper examines this 'dilemma' faced by incumbents and considers cases where...