[Western Phil]

Did not Kodak invent the digital camera and hold the early patents?

[Ouderkirk]

They did invent to digital camera and had patented it. The OLED too.

Both a product of advanced chemistry. They simply did not have the electronics expertise to capitalize on many of their electronic breakthroughs. It was and is a chemical company.

[Richard Kimball]

I was never in the industry, other than as a consumer, but my impression was that Kodak made the same mistake as IBM.

Kodak virtually owned film and developing. There wasn't anyone else close. They feared the digital camera would kill the film and development market, so, they killed it in house.

This was in the 1970s, and worked out for the guys that made the decisions. They were retired by the time the digital revolution destroyed Kodak, but it left the company a shell.