One reason for the liability of newness is that existing organizations compete for the same resources.

Question

Quizplus · Accepted Answer

The liability of newness refers to the disadvantage that new organizations face in obtaining resources such as funding, customers, and talent because they are unknown and unproven. Existing organizations already have established relationships and reputations, making it more difficult for new organizations to compete for the same resources.

One Reason for the Liability of Newness Is That Existing