's innovation output is an open question. In this study we investigate how a firm's accumulated related and unrelated manufacturing …' innovation output we observe their portfolios of patented manufacturing inventions, which we qualitatively evaluate over time … dimension of innovation while hurting another, and helps to reconcile conflicting conceptual arguments that have been presented …

is entrenched with their innovation. As a direct result, consumers tend to undervalue and developers tend to overvalue … such an innovation relative to the existing option. This is the "curse of innovation" and it systematically increases the …