Thursday, May 14, 2020

Disruptive Technology Positive or Negative - 790 Words

Every innovation has positive and negative effects. The key consideration is whether the positives outweigh the negatives. In addition, what is positive for the innovator may be negative for the incumbent. Therefore, there is likely that no consensus can be reached on a listing of the pros and cons. Firstly, I address the need for a simple coherent definition of disruptive technology. Next, the focus moves to the impacts of disruptive technology. Finally, I consider critical factors in a response designed to adopt or adapt to a disruptive technology and conclude with summarized arguments. Defining Disruptive Technology A disruptive technology is an upstart technology with the potential to topple the market leader (Ganguly, Nilchiani, Farr, 2011, p. 273). Since Bower and Christensen (1995) developed the term â€Å"disruptive technologies†, subsequent attempts at defining the term have maintained a common thread of a differentiated focus as the market entry strategy, and superior product functionality as the ultimate objective (Carayannopoulos, 2009; Yu Hang, 2010). The concept of â€Å"waves of innovation† was introduced to the information systems community by Primozic, Primozic, and Leben (1991). Hence, Boyer and Christensen (1995) imported the idea into their article aptly titled â€Å"†¦.Catching the wave†. New technologies will replace aging and obsolete technologies. The intersection of product life cycles for products at varying stages of their development is not aShow MoreRelatedBackbay Battery Simulation Reflection Report . 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