It seems so. They played a major role in pioneering the technology but couldn't see or leverage it's potential. The reaction inside Kodak was to try to suppress

It seems so. They played a major role in pioneering the technology but couldn't see or leverage it's potential. The reaction inside Kodak was to try to suppress and ignore the technology and hope it would go away and not affect their existing market. Other companies have successfully tried that but Kodak obviously made the wrong decision and paid the price.