Innovations that target NEW markets and represent a major break from existing technologies or ways of thinking, such as the digital camera, the touch-screen smart phone, or the decoding of the human genome, are examples of ______ innovations.

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19-07-2022
Biology

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Innovations that target NEW markets and represent a major break from existing technologies or ways of thinking, such as the digital camera, the touch-screen smart phone, or the decoding of the human genome, are examples of ______ innovations.

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tushargupta0691 tushargupta0691 · Answer 1 · 2022-07-23T16:08:23+02:00

Innovations that target NEW markets and represent a major break from existing technologies or ways of thinking, such as the digital camera, the touch-screen smartphone, or the decoding of the human genome, are examples of Radical innovations.

What is radical innovation?

An invention that completely alters or replaces an existing business paradigm is considered radical innovation. Radical innovation, as opposed to architectural or incremental innovation, destroys the current system or process and replaces it with something wholly new.

Examples of radical innovation include the iPhone, which helped to create the present smartphone market, and the integration of sensor technology into farming equipment to provide farmers data they may use to change the farming sector.

Learn more about radical innovation here:

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