As we know,Apple Computer did not invent the"mouse,"whichwas one of the big features onthe Macintosh computer that debuted in 1984. (Yes, I saw the famous Mac ad that showed only once -- during the 1984 Super Bowl.) The original PARC GUI used a mouse and it was invented by Xerox in the mid-1970s. As we also know, Xerox did not do much with the computer and Apple (and Steve Jobs) ultimately took the idea for its own, changing the fortunes of Apple Computer. (No, Jobs did not "steal" the device from Xerox.)

Some people have said that if Xerox had recognized the potential of its machine,the history ofthat company might have been much different and Xerox would have dominated the computer world. Given what we have studied about the firm and about entrepreneurship, is this observation accurate? Why or why not?