Real troubles for IBM began with the company's lag behind competitors in a highly rapidly evolving market. The recession in the early 1990's aided to the difficulties of the company in catching up with the market. These are some detailed points that explains the key reasons for IBM's struggles.
IBM has dedicated much of its resources to research and development, at over $650 million in 1991 which is 10 percent of the company's total research and development budget, but has difficulty commercializing on it. Michael Borrus, the director of the Berkeley Roundtable of International Economics says, "The problem was getting it out of the labs
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