Meaning of innovator's dilemma | Babel Free

Definitions

The observation that well-established companies tend to concentrate on improving existing products, leaving them vulnerable to new competitors and disruptive technologies.

Examples

“Some of the best pre-mortems for Steve Ballmer, out-going CEO of Microsoft, have chalked up the company's problem to the "innovator's dilemma."”

“The generous reading of all this is that recent films and their creators became victims, essentially, of the innovator's dilemma: They got too good at obeying their own, once-successful formulas—and failed to see beyond them.”

CEFR level