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Though VCs are in the business of backing upstarts, at a Goldman conference it’s inevitable that incumbents will loom large.
Incumbents usually appear when a company is profitable or economically successful and other competitors fight against it to reach that position in the market. [2] Customers are essential for a business growth but a company can't control their product and services preferences, so firms have to do the impossible to keep the satisfaction of ...
On the horizon. A brief survey of upcoming elections suggests 2025 may be equally hard for incumbents in democracies. After failing to hold his coalition together for a full term, German ...
By the time the new product becomes interesting to the incumbent's customers it is too late for the incumbent to react to the new product. At this point it is too late for the incumbent to keep up with the new entrant's rate of improvement, which by then is on the near-vertical portion of its S-curve trajectory.
The word "incumbent" is derived from the Latin verb incumbere, literally meaning "to lean or lay upon" with the present participle stem incumbent-, "leaning a variant of encumber, [1] while encumber is derived from the root cumber, [2] most appropriately defined: "To occupy obstructively or inconveniently; to block fill up with what hinders freedom of motion or action; to burden, load."
A year of global elections, in which nations with half the world’s population are casting votes is proving punishing for incumbents struggling with the painful economic aftermath of the Covid-19 ...
Strategic excess capacity may be established to either reduce the viability of entry for potential firms. [5] Excess capacity take place when an incumbent firm threatens to entrants of the possibility to increase their production output and establish an excess of supply, and then reduce the price to a level where the competing cannot contend.
Unpopular incumbents Aftershocks from the COVID-19 pandemic, conflicts in Africa, Europe and the Middle East, and spiking prices for food and fuel have left dissatisfied voters eager for change.