Some company executives become so committed to a current,profitable technology that they fail to provide adequate levels of investment in new,apparently riskier technologies.

Question

Quizplus · Accepted Answer

This phenomenon is known as the "incumbent's dilemma" or "innovator's dilemma," where company executives may prioritize short-term profits from current technologies over investing in new, potentially disruptive technologies due to perceived risks and uncertainties.

Some Company Executives Become So Committed to a Current,profitable Technology