Disruptive innovation, in business theory, 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. The theory holds that this dynamic makes it difficult for incumbent leaders to stay at the top of their industry once a disruptive entrant takes hold. The term was popularized beginning in 1995 by the American academic Clayton Christensen and his collaborators. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/
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Core ClaimInnovation 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 Classification
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Source Wikipedia, Disruptive innovation
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1. Wikipedia, Disruptive innovation
Introduction
innovation that creates a new market and value network and eventually disrupts an existing market and value network, displacing established market-leading firms, products, and alliances
Introduction, term attribution
The term, 'disruptive innovation' was popularized by the American academic Clayton Christensen and his collaborators beginning in 1995.
Introduction, functional area topic classification
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.
- Developed By: Clayton Christensen
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