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What is Disruptive Innovations

Responsible, Sustainable, and Globally Aware Management in the Fourth Industrial Revolution
Innovations that create entirely new markets through the introduction of a new service or product, that tends to disrupt some of the existing systems or established methods or products in favor of an alternative, emerging as a result of innovative thinking and often the production of new or smart information technologies.
Published in Chapter:
Governance and Public Policy Challenges in Managing Disruptive and Innovative Technologies
Henry Frank Wissink (University of KwaZulu-Natal, South Africa)
DOI: 10.4018/978-1-5225-7638-9.ch007
Abstract
This chapter is an effort to promote and guide thinking about the global and local challenges in how governments respond to innovative and disruptive projects and technologies. The chapter is based on the considerations of and concerns regarding the challenges and changes that we face on a global scale and how it impacts on the notion and need for innovation. Not all inventions or innovations are disruptive or serve the interest of the public at large, and some even may have serious harmful consequences or impacts. These may be unforeseen or sometimes deliberately obscured and perhaps just serve the narrow interests of profiteers. Governments are required to consider their roles and plan to be responsible and proactive to ensure that the best interests of both the business and public sector are pursued for the purposes of long-term sustainability.
Full Text Chapter Download: US $37.50 Add to Cart
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A Three-Level Analysis of the Innovation and Resilience Strategies During the COVID-19 Crisis
A type of innovation based on existing skills but made possible by new business models ( Pisano, 2015 ).
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