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What abilities do we need to recognize these chances? One more good irony is the fact that incumbents are finest positioned to seize disruptive alternatives. All things considered, they have got quite a few capabilities that entrants are racing to replicate, such as access to markets, technologies, and balanced equilibrium sheets.

These averages, however, hide a great deal of variation across industries. In software startups, the average age is forty, and younger founders aren’t uncommon. However, youngsters are a lot less widespread in other industries including oil and fuel or biotechnology, in which the common age is closer to 47.

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