As the time changes, innovation makes obsolete to the existing ones.
Venkatesh et al., (2002), Walitzer et al., (2015), Winer, (2000), Zhu et al., (2012) Progressive Technology PTT) Innovation making obsolete to the existing one with time Anuar et al. (2014), Lee (2014), Tsai and Hung (2014), Abed et al. 2015), Pham and Ho (2015), Porter and Graham (2015), Chiyangwa and Alexander (2016).
To change something, build a new model that makes the existing model obsolete".
Buckminster Fuller was quite prophetic when he said "to change something, build a new model that makes the existing model obsolete".
Unfortunately, he never quite supports his claim that the world faces an unprecedented "avalanche of ceaseless change" that renders existing approaches obsolete.
In 1906 the Royal Navy under the reformer Sir John Fisher launched HMS Dreadnought, a battleship whose size, armour, speed, and gunnery rendered all existing warships obsolete.
The new "lightning" connector, which makes about a billion existing ones obsolete in a flash, isn't going to ruin your life – you'll be able to get adaptors.
New inventions render existing products obsolete.
Technological change brings a dynamic perspective to this trade-off as it renders existing technology obsolete but also increases performance of the complementary products, therefore increasing market potential.
