Disruptive innovation

English translation: disruptive innovation

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:Disruptive innovation
Selected answer:disruptive innovation
Entered by: Yasutomo Kanazawa

04:21 Dec 5, 2022
English language (monolingual) [Non-PRO]
Tech/Engineering - IT (Information Technology)
English term or phrase: Disruptive innovation
This term is very commonly used in any tech-related English text.
Amin Al Rajhi
Bangladesh
Local time: 21:23
disruptive innovation
Explanation:
https://en.wikipedia.org/wiki/Disruptive_innovation

In business theory, disruptive innovation is innovation that creates a new market and value network or enters at the bottom of an existing market and eventually displaces established market-leading firms, products, and alliances.

https://hbr.org/2015/12/what-is-disruptive-innovation

Summary.
For the past 20 years, the theory of disruptive innovation has been enormously influential in business circles and a powerful tool for predicting which industry entrants will succeed. Unfortunately, the theory has also been widely misunderstood, and the “disruptive” label has been applied too carelessly anytime a market newcomer shakes up well-established


https://www.investopedia.com/terms/d/disruptive-innovation.a...

Disruptive innovation refers to the innovation that transforms expensive or highly sophisticated products or services—previously accessible to a high-end or more-skilled segment of consumers—to those that are more affordable and accessible to a broader population. This transformation disrupts the market by displacing long-standing, established competitors.
Selected response from:

Yasutomo Kanazawa
Japan
Local time: 00:23
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
5 +3An innovation that greatly impacts existing system/tech in the market
Anthony Putra
3 +4disruptive innovation
Yasutomo Kanazawa
Summary of reference entries provided
Easy to research on the internet
Helena Chavarria

  

Answers


1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +4
disruptive innovation
disruptive innovation


Explanation:
https://en.wikipedia.org/wiki/Disruptive_innovation

In business theory, disruptive innovation is innovation that creates a new market and value network or enters at the bottom of an existing market and eventually displaces established market-leading firms, products, and alliances.

https://hbr.org/2015/12/what-is-disruptive-innovation

Summary.
For the past 20 years, the theory of disruptive innovation has been enormously influential in business circles and a powerful tool for predicting which industry entrants will succeed. Unfortunately, the theory has also been widely misunderstood, and the “disruptive” label has been applied too carelessly anytime a market newcomer shakes up well-established


https://www.investopedia.com/terms/d/disruptive-innovation.a...

Disruptive innovation refers to the innovation that transforms expensive or highly sophisticated products or services—previously accessible to a high-end or more-skilled segment of consumers—to those that are more affordable and accessible to a broader population. This transformation disrupts the market by displacing long-standing, established competitors.

Yasutomo Kanazawa
Japan
Local time: 00:23
Works in field
Native speaker of: Native in JapaneseJapanese
PRO pts in category: 3
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  Mihaela C N Plamadeala
4 hrs

agree  Clauwolf
6 hrs

agree  philgoddard
17 hrs

agree  Yvonne Gallagher
1 day 11 hrs
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2 hrs   confidence: Answerer confidence 5/5 peer agreement (net): +3
An innovation that greatly impacts existing system/tech in the market


Explanation:
A disruptive innovation may upset the old systems and ways of doing things in the sector or even cause a loss of customers & revenue for its predecessors.

Example sentence(s):
  • Cryptocurrency claims to be a disruptive innovation in the financial sector.

    https://www.investopedia.com/terms/d/disruptive-innovation.asp
Anthony Putra
Indonesia
Local time: 22:23
Works in field
Native speaker of: Native in EnglishEnglish, Native in IndonesianIndonesian

Peer comments on this answer (and responses from the answerer)
agree  Mihaela C N Plamadeala
3 hrs

agree  Anastasia Kalantzi
5 hrs

agree  Oliver Simões
7 hrs
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Reference comments


5 hrs peer agreement (net): +4
Reference: Easy to research on the internet

Reference information:
Disruptive innovation is the introduction of a product or service into an established industry that performs better and, generally, at a lower cost than existing offerings, thereby displacing the market leaders in that particular market space and transforming the industry.

The theory of disruptive innovation first appeared in the Harvard Business Review in 1995, with Harvard Business School professor Clayton Christensen coining the term in his research on the disk-drive industry and also in his 1997 book The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail.

Today, the term disruptive innovation is used broadly. It's often applied to any circumstance where a new technology ushers in significant business, industry or market changes and disrupts the status quo.

https://www.techtarget.com/searchcio/definition/disruptive-i...

https://en.wikipedia.org/wiki/Disruptive_innovation

Helena Chavarria
Spain
Native speaker of: Native in EnglishEnglish

Peer comments on this reference comment (and responses from the reference poster)
agree  Christopher Schröder
5 hrs
  -> Thank you, Ice Scream :-)
agree  writeaway
5 hrs
  -> Many thanks, writeaway :-)
agree  Yvonne Gallagher: Yes Helena! will write soon!
10 hrs
  -> Thank you, Yvonne. I hope everything is going well for you :-)
agree  Anastasia Kalantzi
1 day 7 hrs
  -> Thank you, Anastasia :-)
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