The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail

Key Points:

• Disruptive vs. Sustaining Innovation: Distinguishes between innovations that improve existing products and those that create entirely new markets.
• The Paradox of Good Management: Shows how doing everything “right”—listening to customers, investing in R&D—can still lead to failure.
• Value Networks: Explains how a company’s position in its value network shapes what innovations it can and cannot pursue.
• Resource Allocation: Demonstrates why established firms systematically under-invest in disruptive technologies.
• Foundational Framework: One of the most influential business books ever written, essential for understanding technological change.