This is a unique application of what has come to be a commonly-held viewpoint — that many of the most successful companies fail to innovate despite knowing that they need to.
We’ll read some literature on the subject that explores the issue from the business (and business scholars’) perspective, and see whether that is, in fact, true, and why (if so). But when companies are very large and influential, they often have other means at their disposal to thwart competition — means that invoke the law: intellectual property acquisition, litigation, and lobbying, just to name a few.
Higher education (and education in general) has been slow to innovate. Be thinking about this other industries that seem resistant to change. Why do you think that is? Are changes less likely – or less needed? Does the structure of the industry inhibit change? Are there aspects of some industries that should resist change? Perhaps in order to preserve things that have a more timeless value?