Breakthrough innovation and disruptive innovation are both types of significant advancements in technology, products, or services, but they have different implications and impacts on the market.
Breakthrough innovation typically refers to a significant improvement or advancement within an existing technology or product category. It often builds upon existing knowledge and infrastructure to create something better, faster, or more efficient. Breakthrough innovations can lead to incremental improvements and enhancements within a specific industry.
On the other hand, disruptive innovation refers to a new technology, product, or service that disrupts existing markets and displaces established market leaders. Disruptive innovations often create entirely new markets or significantly alter existing ones, leading to the displacement of established products or services. Disruptive innovations can fundamentally change the way industries operate and can have far-reaching impacts on the economy and society.
In summary, breakthrough innovation typically represents incremental improvements within existing markets, while disruptive innovation involves the creation of new markets or the significant transformation of existing ones.
Posted by Paul Shala Neumi Rep