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Disruptive Innovation Essays

Coping With Disruptive Innovation

Explanation of the Value Network Concept. According to Palmié et al. (2022), the Value network concept refers to the interconnected ecosystem, sellers, dealers, and users that work together to give value to the end investor. For example, in the Office vs. Google Docs market, the value network includes the software developers and the users, IT ... Read More
Pages: 3       Words: 819

Clayton Christensen: Disruptive Innovation

Introduction Clayton Christensen is a prominent expert in the field of innovation and disruption. In his acclaimed 1997 publication “The Innovator’s Dilemma,” Christensen introduced the concept of disruptive innovation to demonstrate how smaller companies can potentially challenge dominant players in an industry. According to Christensen, disruptive innovation alters a market by introducing simplicity, convenience, accessibility, ... Read More
Pages: 8       Words: 2092
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Ryanair Airlines and IBM

Disruptive innovation describes introducing a product or service into a well-established sector that outcompetes the existing market players and, in most cases, achieves that through a lower cost. The concept explains how a newer, smaller firm effectively competes with “established market players” by meeting the needs of a previously unmet market segment. A new product ... Read More
Pages: 9       Words: 2208
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