Table of Contents
What is an example of a sustaining innovation?
An example of sustaining innovation is the smartphone market – every year, cell phone manufacturers (i.e. Apple, Samsung, Huawei, Amazon, LG, etc.) release updated and improved products to meet consumer demand and to integrate new technology.
What is the distinction between sustaining and disruptive innovation according to Bower & Christensen?
In Disruptive Strategy, Christensen succinctly describes the characteristics of sustaining innovation as “better products that you could sell for better profits to your best customers.” Apple applies this practice whenever it launches a new version of its iPhone.
What is sustainable innovation?
Sustainable innovation involves bringing into common usage of ideas, concepts, practices and products that contribute to the ecological environment, social cohesion and economic viablity.
What is an example of disruptive innovation?
Disruptive innovation refers to innovations and technologies that make expensive or sophisticated products and services accessible and more affordable to a broader market. Amazon, launched as an online bookstore in the mid-1990s, is an example of disruptive innovation.
What is the difference between sustaining and disruptive technology quizlet?
Disruptive technologies is a new way of doing things. They open new markets and destroy old ones. Sustaining technology produces an improved product customers are eager to buy. This is because it is always being improved but does not create a new market and destroy old ones.
What is the difference between sustaining and disruptive technology how do they relate to the concept of electronic business value?
– Disruptive technology is any innovation that potentially disrupts the existing market and value network, eventually replacing the old business model with a new one. Sustaining technology is all about development and improvement, and listening to the needs of customers in the existing market.