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Innovator's Dilemma in Kodak's Case
Kodak's dilemma arose when, as an innovator, it struggled to transition from film to digital photography. Despite pioneering the digital camera in the 1970s and offering digital cameras for sale in the 1990s, Kodak hesitated to fully adopt digital due to the lower quality compared to film. This reluctance left the field open for other firms to innovate and succeed in overlooked market segments, ultimately putting Kodak behind the innovation curve.