Abstract
Disruptive innovation theory was established by Clayton Christensen, through a series of scholarly articles and popularized by his seminal book, ‘The Innovator’s Dilemma’. The theory resonated among practitioners in several industries and also resulted in influencing thinking and research in the areas of innovation management, strategy, organization, etc. Researchers consider disruptive innovations as “a powerful means for developing and broadening new markets”.
This chapter will primarily provide an overview of the theoretical foundations of disruptive innovations. It will begin by outlining the definition of disruptive innovations and embed it into research in discontinuous technologies. Following this, shortcomings of the theory will be discussed. The final sections concentrate on the challenges that established firms face in commercializing disruptive innovations.
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Ramdorai, A., Herstatt, C. (2015). Disruptive Innovations Theory. In: Frugal Innovation in Healthcare. India Studies in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-319-16336-9_3
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DOI: https://doi.org/10.1007/978-3-319-16336-9_3
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