What are new technologies, products, or services that eventually surpass the existing dominant technology or product in a market

Question

deff fn [24]

3 years ago

14

What are new technologies, products, or services that eventually surpass the existing dominant technology or product in a market

called?

Computers and Technology

1 answer:

kicyunya [14] · Answer 1 · 2022-05-21T19:21:30+03:00

Answer:

Disruptive innovation

Explanation:

Disruptive innovation are considered those new technologies, products or services whose application can greatly impact the manner in which an industry or a market functions. This is because the surpass the existing dominant product or technology. One example of a disruptive innovation is the internet. The internet altered the manner in which business was done by companies, but negatively affected those who refused to adopt it.