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What is Incumbent

Encyclopedia of Business Analytics and Optimization
It is the largest firm in an industry, or the firm which has been operating for the longest time. It usually enjoys some monopolistic power.
Published in Chapter:
Vertical Integration in Telecoms
Clementina Bruno (University of Piemonte Orientale and HERMES, Italy)
Copyright: © 2014 |Pages: 10
DOI: 10.4018/978-1-4666-5202-6.ch235
Full Text Chapter Download: US $37.50 Add to Cart
More Results
Instilling FinTech Culture in a Digitalized World: Defining, Issuing, and Opening Up
A well-established firm in a defined sector. Bank or insurance is an incumbent firm in the financial industry.
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Succession in Family Business Through Authentic Leadership
Existing leader in family firms who is also a member of the first generation.
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How Incumbents Respond Strategically to Emerging Digital Platform-Mediated Settings?: Analysis of Enterprise Software Vendors
A traditional enterprise in its sector. Enterprises are usually classified as digital natives, entrepreneurs or incumbents.
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