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On the Challenges of Incrementalism and Conformity of Thought

  • Low-risk ideas and incrementalism hinder progress and innovation in the venture space.
  • Information symmetry and convergence of solutions lead to competition and minor variations in the market.
  • Information asymmetry can be identified through time and frequency, indicating the level of innovation and paradigm shifts.
  • Diversity and novelty of idea space determine the potential for breakthrough concepts and the presence of competition.

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