Why is it easier for new entrants to get involved in radical innovations when compared to incumbent firms?
A. Incumbent firms do not have the advantages of network effects that new entrants have.
B. Unlike incumbent firms, new entrants do not have to face the high entry barriers, initially.
C. New entrants are embedded in an innovation ecosystem, while incumbent firms are not.
D. Unlike incumbent firms, new entrants do not have formal organizational structures and processes.
Answer: D
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