Max Riegel

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Fifth, in many instances, the information required to make large and decisive investments in the face of disruptive technology simply does not exist. It needs to be created through fast, inexpensive, and flexible forays into the market and the product. The risk is very high that any particular idea about the product attributes or market applications of a disruptive technology may not prove to be viable. Failure and interactive learning are, therefore, intrinsic to the search for success with a disruptive technology.
The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail
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