
The Power of Destructive Innovation Generation and Evolution: Changes in Customer Value System
Published: 1 January 2023
Asia‐pacific Journal of Management and Technology
,
Volume 03,
pp 01-07; https://doi.org/10.46977/apjmt.2023.v03i03.001
Abstract: Destructive innovation will progressively enter the global markets as efficiency rises, devouring more customer base until it replaces the previous top technology. The competitors' ability to compete has been weakened by destructive innovation, which has altered the industry's old norms of competitiveness. The idea created a brand-new customer value structure that newcomers can use strategically to catch up. The study of negative innovation has gained popularity in technological finance and strategic management. The issue with equating disruptive innovation with any scientific discovery that modifies the nature of competition in a market would be that various forms of development demand multiple sorts of strategic approaches. It's not likely that every business in a changing market will indeed be able to benefit from the insights that can be learned on how to become a successful "disruptive innovator" (or "fight off a disruptive rival").
Keywords: Disruptive Innovation / Customer Value / Technological Innovation / Global Market / Big Industries
Scifeed alert for new publications
Never miss any articles matching your research from any publisher- Get alerts for new papers matching your research
- Find out the new papers from selected authors
- Updated daily for 49'000+ journals and 6000+ publishers
- Define your Scifeed now
Click here to see the statistics on "Asia‐pacific Journal of Management and Technology" .