Top Definition
The dilemma confronting an inventor, engineer or creator of any type in which one must choose between adding new features to a product in an attempt to entice customers, or maintaining a product as to improve quality and decrease cost.
"By choosing to compete on design instead of technology alone, Apple seems to have found a loophole in the Innovator's Dilemma."

-Charlie Wood,
by Inconspicuous132 July 20, 2008
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