chesbrough

Vendor Lock-In, Consumer Choice, and Competition

One of the things Henry Chesbrough discusses in his book Open Business Models: How to Thrive in the New Innovation Landscape is how early adopters of a technology often get "marooned," or trapped on a particular application or platform. This is a well-known issue in the software industry where it's called "vendor lock-in." Vendor lock-in is a powerful force, and I don't think Chesbrough spends enough time talking about just how effective -- and evil -- a practice it really is.

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