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Define the meaning of disruptive innovation


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Disruptive innovation has in recent years become one of the most important topic in the field of business strategies, because newly established companies, for example, play a significant role in the creation of investment, employment, output, and innovations. They also contribute the nation’s economic progress and technological advancement. Let’s assume you are a venture capitalist who is interested in funding newly developed disruptive innovation business ventures. 1. Define the meaning of disruptive innovation; 2. Explain the attributes of disruptive innovation; 3. Discuss the types of disruptive innovation; 4. Develop a set of criteria by which to evaluate proposals for new disruptive innovation ventures. 5. Elaborate on the criteria you suggest. This paper is worth a maximum of 10 points. The paper should be about 12-15 pages in length, type-written, double-spaced. In writing the paper, be guided by the following general guidelines: 1. Title page should include your name (and other co-authors names, if any), title of the paper, College/Department name, course name and number, semester and year, and instructor name. 2. Table of contents. 3. Executive summary. 4. Body of the paper with titles and sub-titles. 5. Conclusion. 6. List of recent academic references (preferably more than ten books and articles). Follow the American Psychological Association (APA) citation style. See the rubric shown in the course syllabus for further information. 7. To learn more about disruptive innovation firms, see, for instance, the 2016 CNBC Disruptor 50 Companies.


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