Introduction cont.
Technological innovation is perhaps the single most important source of major changes in market share among competitors and is probably the most frequent cause for the demise of entrenched dominant firms*
* Michael E. Porter, “The Technological Dimension of Competitive Strategy,” in Research on Technological Innovation, Management and Policy, R.S. Rosenbloom, ed. (Greenwich, Conn.; JAI Press, 1983), p.3.