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The Capitalist's Dilemma
Christensen, Clayton M.; van Bever, Derek C.M.Article HBS-R1406C-EEconomicsSixty months after the 2008 recession ended, the economy was still sputtering, producing disappointing growth and job numbers. Corporations seemed stuck: Despite low interest rates, they were sitting on massive piles of cash and failing to invest in new initiatives. In this article, a leading innovation expert and his HBS colleague explore the reasons for this sluggishness. The crux of the problem, they say, is that investments in different types...Starting at €8.20