What is disruptive innovation?
Q: What is disruptive innovation?
A: Disruptive innovation is a technology or innovation that creates a new market and eventually replaces existing technology.
Q: Why are new markets created by disruptive innovation small at first?
A: New markets created by disruptive innovation are small at first because they are uninteresting for established market players.
Q: How does the market grow when disruptive innovation is used?
A: The market grows at a high speed when disruptive innovation is used.
Q: What is an example of disruptive innovation?
A: Flash memory is an example of disruptive innovation.
Q: Why was flash memory initially unattractive to established markets when it was introduced?
A: Flash memory was initially unattractive to established markets because it was expensive and had small capacities compared to hard disks.
Q: What are the characteristics of a disruptive innovation according to Clayton M. Christensen?
A: According to Clayton M. Christensen, disruptive innovations are technologically straightforward, consisting of off-the-shelf components put together in a product architecture that is often simpler than previous approaches.
Q: Who are disruptive innovations designed for?
A: Disruptive innovations are designed for a new set of customers according to Clayton M. Christensen.