disruptive innovation
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question
Louw and Venter (2019) refer to various seminal theories of innovations, including the technology S-curve and disruptive innovation.
Analyse the aspects of the technology S-curve and disruptive innovation theory in the context of strategic management.
Expert Solution
Explanation
Innovation is the process of making a new change in a particular product and relaunching the product in the market. For example, the various forms of smartphones launched one after another with new features can be recommended as a function of innovation. Innovation is the key8 to success.
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