
The Innovators Dilemma
What You Will Learn
Adapting to Emerging Technologies
In the story of Kodak's collapse, it is evident that despite their initial monopoly and profitability in the film market, they failed to adapt to the emerging digital photography technology. Kodak's reluctance to shift focus and innovate led to their downfall as other companies overtook them in the emerging field, underscoring the importance of adapting to new technologies to stay relevant and competitive in the market.
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