What Are the Challenges of Technological Adaptation?
While the benefits are numerous, the path to technological adaptation is fraught with challenges:
High Initial Investment: The cost of acquiring and implementing new technologies can be prohibitive for some startups. Skill Gap: Entrepreneurs and their teams may lack the necessary skills to effectively use new technologies. Resistance to Change: Employees and even founders can be resistant to adopting new ways of doing things. Security Risks: New technologies can introduce vulnerabilities that need to be managed.