Class 4: Subject: Incumbent/New entrant race for technology and complementary assets, repectively
The EMI and CT Scanner case illustrates the importance of complementary assets and strategic action in profiting from an innovation.
Reading: Chapter 2 pages 13-31
Case: Mitchell, Will: Playing Leap-Frog with elephants: EMI, Ltd and CT Scanner Competition in the 1970s; or Imatron Inc. and CT Scanner Competition in the 1980s (UM cases)
Study questions:
(1) Where did EMI go wrong?