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Challenges of Innovation and Resistance to Change in Business
This chapter explores various examples of companies facing obstacles due to their hesitancy to innovate and adapt to new technologies and consumer preferences. It features stories of companies like Dyson, Hoover, and Kodak struggling to keep up with changing markets. The discussion touches on ethical dilemmas, planned obsolescence, legislative influences, consumer behavior manipulation, and the application of the Shirky principle in business and technology transitions.