06 Jul Disruptive innovation is a term in the field of business which
Disruptive innovation is a term in the field of business which refers to an innovation that creates a new market and value network, and eventually disrupts an existing market and value network, displacing established market-leading firms, products, and alliances.First, pick one of these disruptive innovations: Ford Model-T (disrupted the automobile market) Macintosh (created the PC revolution) eBay (created online auctions) Amazon (disrupted the retail market) Microsoft Windows (disrupted the computing market) Google search (disrupted the Internet) Wikipedia (disrupted the Encyclopedia/reference sources market) iPod and iTunes (disrupted music market) iPhone and App store (revolutionized mobile computing)Then, in a 2-3 page paper, describe how these innovations were disruptive. Here are the required sections of the paper: Brief History of the Market (*the market in which the innovation falls under) Disruptive Innovation: _____________ (your chosen innovation) The New Market (*what the market looks like now as a result of the disruptive innovation)
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