SirMike1983 "I'll take a different approach. There are loads of absolutely rotten bicycle inventions, but what about just plain bad bicycle manufacturing and business practices?
Trying to maintain profit margins by cutting corners on manufacture of a current product instead of developing improved products to stay competitive. You can't win by cheapening your current product to keep up with down-market or imitation-type competitors. They beat you on price, and you can only "stand on your brand name" for so long before people migrate to other products. There's no substitute for keeping your components and bicycles sharp and competitive on quality and price. If you don't stay sharp, 20 years later you may find yourself as a brand of cheap junk sold in Wal-Mart, and loaded with faulty, plastic components on your bikes."
Story of what happened to Schwinn? Once desirable, They sat put on there technology (relied on brand name), and ultimately folded behind the curent market place.