Why Is It Easier for New Entrants to Involve in Radical

question 102

Multiple Choice

Why is it easier for new entrants to involve in radical innovations when compared to incumbent firms?

• A) Unlike incumbent firms, new entrants do not have to face the high entry barriers, initially.
• B) New entrants are embedded in an innovation ecosystem, while incumbent firms are not.
• C) Unlike incumbent firms, new entrants do not have formal organizational structures and processes.
• D) Incumbent firms do not have the advantages of network effects that new entrants have.

---

Definitions:

Borderline Personality

A psychological condition marked by volatile emotions, actions, and interpersonal connections.

Histrionic

Characterized by excessive emotionality and attention seeking, often part of histrionic personality disorder.

Antisocial

describes behavior that goes against societal norms and laws, often harming or showing indifference towards others' well-being.

Narcissistic

A personality trait characterized by an inflated sense of self-importance, a deep need for excessive attention and admiration, troubled relationships, and a lack of empathy for others.