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I included to this piece in my post for today: https://emergingmarketskeptic.substack.com/p/emerging-markets-week-march-18-2024

Your piece sort of relates to this one I also mentioned as what happened with Japan can happen to companies:

Japan’s self-inflicted decline offers lesson (The Asset) $ 🗃️

"In the 1980s, Japan boasted a dynamic consumer-electronics sector that served as a cornerstone of its robust export industry. But soon, new digital technologies began to replace the analogue devices on which Japan had a near-monopoly – and both producers and the government failed to adapt"

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