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Copyright 2010 Harvard Business School Publishing Corporation

Originally published in the Harvard Business Review in the January 2008 issue

Reprint #R0801F

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Printed in the United States of America

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Library of Congress Cataloging-in-Publication Data

Christensen, Clayton M.

Innovation killers : how financial tools destroy your capacity to do new things / Clayton M. Christensen, Stephen P. Kaufman, Willy C. Shih.

p. cm. — (Harvard business review classics)

ISBN 978−1-4221−3655-3 (pbk. : alk. paper)

1. Technological innovations—Management. 2. Business enterprises—Finance. I. Kaufman, Stephen P. II. Shih, Willy C. III. Title.

HD45.C483 2010

658.1’66—dc22

2010002894

The paper used in this publication meets the requirements of the American National Standard for Permanence of Paper for Publications and Documents in Libraries and Archives Z39.48−1992.