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What is Utterback (1994) The Dynamics of Innovation about?

The document discusses the impact of technological evolution and innovation on industries, particularly through the case study of the American ice industry, which transitioned from harvested ice to machine-made ice and eventually to refrigeration. It highlights how established firms often resist recognizing and adapting to disruptive innovations, leading to their decline, while new technologies can create broader markets and opportunities for new entrants. The analysis provides a framework for understanding

Author

8emezzo

Language

EN