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Question:
Different dimensions have been used to distinguish between types of innovations. Some of the most widely used dimensions include product versus process innovation, radical versus incremental innovation, competence-enhancing versus competence-destroying innovation, and architectural versus component innovation.
Respond to the following:
What are some reasons that established firms might resist a new technology?
Is the type of innovation a factor determining the resistance to new technology? If yes, in what way? Give an example to support your answer.
Verified Expert
Innovation and technology adoption may be done or not by the companies due to variety of reasons. One of the main reason of this is its capability to meet the expectations and provision of positive outputs. Further innovation if there as part of the technology, the type of innovation and its consequences also do matter in adoption of technology. Discussion about the same.
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