The fast-paced environment and highly-advanced technological development might caused Kodak to finally slow down its business. Basically, the company was considered a dominant institution in its industry but failed to cope up with the fast-changing business community.
Eastman Kodak company has been in the news for their active move in filing bankruptcy protection. Perhaps, its former clients are no longer happy with the old ways of photo printing and film production. According to business websites, the company fails to sell digital patents which led to its decision to file bankruptcy proceeding.