In many markets, inferior products can act as partial substitutes for more costly superior products.

FORBES: Connect

Regulations and taxes translate into less freedom, higher prices and inferior products.

FORBES: Fact and Comment

Does that mean companies with inferior products that deliver a consistently great customer experience can win your customers and dominate your market?

FORBES: Don't Waste Innovation on Products

Worse still, its inferior products were foisted on Indonesia's airlines.

ECONOMIST: Aviation

"You've got teachers trying to retire with a reasonable standard of living, and people, probably making a lot more money than they are, trying to push them into inferior products" to earn high commissions, Mr. Lloyd says.

WSJ: Teachers' 403(b) Plans See Big Changes

The beauty of a free market is products succeed or fail based on merit rather than government whim, and no third party is forced to invest his or her hard-earned money in inferior companies or products.

FORBES: The New Green Economy Is Bleeding A Great Deal Of Green

Government-supported industries end up suffering from excess capacity, making products that are inferior in quality to those produced by overseas competition, and yet too costly for local consumers.

FORBES: Why China Has Yet To Develop Winning Industries

And with the initial sales success of the iPhone 5 and the iPad Mini, both products which are measurably inferior to its competiton and yet more expensive, Apple may be right.

FORBES: The Trouble With Apple's iPad mini

Mr Christensen points out that innovators often start by offering products that are cheaper, but markedly inferior.

ECONOMIST: Schumpeter

The new products were low-end, dumb, shoddy, and in almost every way inferior.

NEWYORKER: When Giants Fail