What are the potential downsides of long-serving incumbents?

Moreover, the economic models suggest that incumbents have a disincentive to invest in technological innovations that, if suc- cessfully commercialized, might ... To qualify as an incumbent worker, the incumbent worker needs to be employed, meet the Fair Labor Standards Act requirements for an employer-employee ... 5.Designation of incumbent; judicial offices. If a chief justice, associate justice, or judge is a candidate to succeed again, the word ... I · Industrial Hygienist · Inspector (Consumer and Worker Protection) · Inspector (Hoists and Rigging) · Inspector (Housing Construction) · Inspector (Low ... incumbent · adjective. necessary (for someone) as a duty or responsibility; morally binding. “it is incumbent on them to pay their own debts” · adjective. ... incumbent of a position. This establishes the risk level of that position. This assessment also determines if a position's duties and responsibilities ... In government and places of leadership, those who occupy positions of power in the office are the incumbent. These individuals have political advantages such as ... Nov 30, 2023 ... Incumbent US presidents tend to win elections except during recessions ... As the race for the 2024 US presidential election heats up, history ... Mar 20, 2019 ... Our study explores the implications for environmental, social and economic value creation of the different ways in which incumbents are changing their existing ... This article brings these relevant literatures together to paint a more holistic picture of incumbent adaptation to technological change.