Kodak's digital cameras
Kodak invented the digital camera. Productised it. Sold them. At the inner circle, the answer to "can we adopt this technology" was yes. Their digital business worked.
The outer circle moved underneath them. The ecosystem shifted from cameras to smartphone-as-camera, from film to cloud storage, from photo prints to social feeds. The inner-circle win didn't matter because the outer circle had stopped needing the product at all.