Disruptive innovation is a term in the field of business administration which refers to an innovation that creates a new market and value network and eventually disrupts an existing market and value network, displacing established market leading firms, products and alliances. Please answer tge following questions:
How are the principles of disruptive innovation applicable to social change? Often times innovation is in an effort to increase earnings, improve a product etc. not create a swell of social value creation…why is disruptive innovation different?
