Big Corporations That Failed To Innovate
Read the full article ‘50 Examples of Corporations That Failed To Innovate’
Introduction
Companies that have gone through successful innovation believe that innovation is necessary for their everlasting success. However, there are so many large corporations that fall within their constant cycle and refuse to evolve with the market which brings devastating results.
Some of the most significant companies have failed to innovate and ended up with failed businesses. Valuer has compiled a list of 5 companies that did not have what it took to sustain themselves.
Examples of corporations that failed to innovate
The leaders of Kodak didn’t believe that digital photography was disruptive technology even though Steve Sasson, the Kodak engineer, invented the first digital camera in 1975. They were so focused…
