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Disruptive Technologies

Disruptive technologies are those that displace established technologies and shake up the industries or a groundbreaking product that creates completely new industries. They are expected to transform life, business, and the global economy. Clayton Christenson coined the term and discussed it as lacking refinement, appealing to a limited audience, and not having proven practical application when introduced, like Alexander Graham Bell’s “electrical speech machine,” which is now known as the telephone. Nevertheless, in a short span of time, such technologies have had an unsettling effect on existing business models. Big corporations often dismiss the value of a disruptive technology since it usually does not reinforce the existing company goals, only to be blindsided as the disruptive technology matures and gains a larger audience and market ...

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