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An 1880 penny-farthing (left), and a 1886 Rover safety bicycle with gearing. In business theory, disruptive innovation is innovation that creates a new market and value network or enters at the bottom of an existing market and eventually displaces established market-leading firms, products, and alliances. [1]
On 1 May 1992 Jean-Marie Dru launched the Disruption concept as a marketing tool by simultaneously publishing a full-page ad headlined "Disruption" in The Wall Street Journal, [2] the Frankfurter Allgemeine [3] and Le Figaro. [4] It explained BDDP's (now TBWA) disruptive methodology. [5] Jean-Marie Dru was the first to employ the word in the ...
Technological change (TC) or technological development is the overall process of invention, innovation and diffusion of technology or processes. [1] [2] In essence, technological change covers the invention of technologies (including processes) and their commercialization or release as open source via research and development (producing emerging technologies), the continual improvement of ...
[1] [2] Christensen introduced "disruption" in his 1997 book The Innovator's Dilemma, and it led The Economist to term him "the most influential management thinker of his time." [ 3 ] [ 4 ] He served as the Kim B. Clark Professor of Business Administration at the Harvard Business School (HBS), and was also a leader and writer in the Church of ...
2 Psychology and sociology. ... Clayton Christensen's theory of industry disruption by new technology or products;
Consequently, in this theory technology can not be rendered as an artifact, so instead examines people and their interacion with technology at their work practices, that enacts structures which shape their emerging and also situated use of that technology. Here, key authors include DeSanctis and Poole (1990), [5] and Orlikowski (1992). [6]
The Innovator's Dilemma proved popular; not only was it reprinted, [5] but a follow-up book entitled The Innovator's Solution was published. [6] His books Disrupting Class [ 7 ] about education and The Innovator's Prescription [ 8 ] about health care both utilize ideas from The Innovator's Dilemma .
The focus of evolutionary economics is on economic change, but as a driver of this technological change has been considered in the literature. [5] Joseph Schumpeter, in his classic Theory of Economic Development [6] placed the emphasis on non-economic forces as the driver for growth. The human actor, the entrepreneur is seen as the cause of ...