Breakthroughs that change our lives
The wheel, the light bulb, and the cellphone are three examples of disruptive technologies. At the time, these innovations caused a profound break with previous patterns, bringing about major changes in people's lives. For this to happen, disruptive companies adopt business models that allow them to innovate in the market. That's why one of their most valuable assets is their Research and Development (R&D) department, a division that aims to develop new products or improve existing ones in order to cover a need in society. What does innovation or disruptive technology mean? Disruptive innovation is defined as technology http://realfantasysports.in that is capable of disrupting an already established market by following a set of patterns. An innovation that is originally focused on a niche and with the passing of time achieves a good share of the market, overtaking the previous one. Harvard Business School professor and business consultant,...