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Posts Tagged: "George Eastman"

The Rise and Fall of the Company that Invented Digital Cameras

There are few more interesting tragedies in the history of American business than the demise of Kodak, which filed for Chapter 11 bankruptcy in January 2012. and few that are more frustrating given the fact that the key to the company’s renewed success lay within its grasp for years. Digital photography, the technology that decimated Kodak in the 1990s and 2000s, was originally a Kodak innovation. The company’s stubborn refusal to support the development that rivalled its core product, film, should be a cautionary tale to any major corporation and a sign to innovative start-ups that even the most monolithic corporations can become vulnerable.