Disruptive Technologies and Innovations

Disruptive Technologies and Innovations

Introduction

A disruptive innovation can simply be defined as an innovation, which helps build a new market in addition to a value network. This will eventually lead to the disruption of the current existing value network and market over a period of some years or decades thereby displacing entirely an earlier technology. It is important to note that this disruptive technology has affected a number of fields and areas. However, the area most benefited by the disruptive technologies and innovations is the field of medical. In fact, the disruptive technology has been explored ...