(Question)
Is it possible to have it both ways in the innovator’s dilemma? While we celebrate market disruptions, such as Uber and Airbnb, such businesses’ successes come at a cost. For example, property owners divert their rental properties away from local owners to provide Airbnb rentals for tourists willing to pay higher prices. This contributes to our current housing crisis, leaving municipalities and communities with the bill. So must we live and die by global competition, or are there practical means to both encourage innovation while sustaining important institutions.
(You can also do external research)
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Is it possible to have it both ways in the innovator’s dilemma? While appeared first on Solved Students Assignments.