Kula.blog

2020 January Update

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Can you spend your willpower, or is the willpower infinite? Maybe none of those and it acts as an emotion? Intuitively the last option makes the most sense to me, but we have to wait for more research about it.

The Innovator’s Dilemma asked: Why do great firms fail, especially at the hand of smaller and less resourced upstarts? The answer: Disruptive innovations. These are innovations that are less expensive and poorer performing than existing products on the market. Disruptive innovations are often targeted at customers for whom products on the market are either too complicated or too expensive. The Innovator’s Dilemma has helped entrepreneurs, managers, and investors understand how these upstarts could eventually upend their market.

More recently, I’ve asked what may be the most important question yet: Where does lasting prosperity come from? The answer: Market-Creating Innovations. These are innovations that transform complicated and expensive products into products that are simple and affordable so that many more people in society can access them. In some cases these innovations are disruptive, but in every case the new markets that are created serve as a strong foundation for sustained economic growth.



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