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The attributes that make disruptive technologies unattractive in established markets are often the ones that have the greatest value in emerging markets; He also argues the following strategies assist incumbents in succeeding against the disruptive technology: They develop the disruptive technology with the "right" customers.
In his sequel with Michael E. Raynor, The Innovator's Solution, [14] Christensen replaced the term disruptive technology with disruptive innovation because he recognized that most technologies are not intrinsically disruptive or sustaining in character; rather, it is the business model that identifies the crucial idea that potentiates profound ...
Emerging technology Status Potential applications Related articles Airless tire: Research, development, early prototypes [132] [133] Safer tires Tweel: Atmospheric satellite: Experimentation More widespread communications Autonomous Rail Rapid Transit: Commercialization, diffusion Reducing air pollution, decreasing oil consumption: Electric vehicle
In other words, an emerging technology can be defined as "a radically novel and relatively fast growing technology characterised by a certain degree of coherence persisting over time and with the potential to exert a considerable impact on the socio-economic domain(s) which is observed in terms of the composition of actors, institutions and ...
Christensen was the best-selling author of ten books, including his seminal work The Innovator's Dilemma (1997), which received the Global Business Book Award for the best business book of the year. One of the main concepts depicted in this book is also his most disseminated and famous one: disruptive innovation. The concept has been growing in ...
Creative disruption helps a business gain a competitive advantage by seeking tipping points for improvement before competitors replicate and/or improve upon the business model [14] "Creative disruption" as a term is sometimes confused with two other terms: " creative destruction " and " disruptive innovation ", but can be easily differentiated ...
[5] [6] Since its start in rural sociology, Diffusion of Innovations has been applied to numerous contexts, including medical sociology, communications, marketing, development studies, health promotion, organizational studies, knowledge management, conservation biology [7] and complexity studies, [8] with a particularly large impact on the use ...
The process can be viewed as an evolutionary integration of organization, technology, and market, by iterating series of activities: search, select, implement and capture. [5] Innovation processes can either be pushed or pulled through development. A pushed process is based on existing or newly invented technology that the organization has ...