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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]
The following video is part of our "Motley Fool Conversations" series, in which Motley Fool senior technology analyst Eric Bleeker and chief technology officer Jeremy Phillips discuss emerging ...
An example of this is the wide adoption of social media and how this affected society (for example, the social dilemma). Designers, in this case, do not attempt to change the future, but rather they tend to adapt their design towards what they can see as a probable future. In this sense, they see it as something that they cannot change.
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Two potentially disruptive 3-D printers are expected to hit the scene later this year, which could make life more difficult for 3D Systems and Stratasys . German-based injection-molding specialist ...
Smartstores – RFID-based self-checkout (keeping track of all incoming and outgoing products), food packaging, smart shelves, smart carts. See: potential uses: Software-defined radio: Development, commercialization Cognitive radio, Mesh networks, Software defined antenna
Other ways of measuring innovation have traditionally been expenditure, for example, investment in R&D (Research and Development) as percentage of GNP (Gross National Product). Whether this is a good measurement of innovation has been widely discussed and the Oslo Manual has incorporated some of the critique against earlier methods of measuring.
The term disruptive technologies was first described in depth with this book by Christensen; but the term was later changed to disruptive innovation in a later book (The Innovator's Solution). A disruptive innovation is an innovation that creates a new market and value network that will eventually disrupt an already existing market and replace ...