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Value networks influence companies' responses to innovation from "summary" of The Innovator's Dilemma by Clayton M. Christensen
In examining the impact of value networks on companies' responses to innovation, it becomes apparent that these networks play a critical role in shaping how firms navigate the challenges presented by disruptive technologies. Value networks encompass the various players involved in bringing a product or service to market, including suppliers, distributors, and customers. These relationships form a complex ecosystem that can either facilitate or hinder a company's ability to adapt to changing market dynamics. When a company is deeply entrenched in a value network that is optimized for its existing business model, it may struggle to embrace innovations that disrupt the status quo. This is because the network is structured to support the c...
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