Disruptive Technology Focus on How Term Paper

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However, by keeping apace of industry trends and consumer desires, it can be better poised to be aware of potential threats, as these are areas disruptive technologies often wish to target.

What strategies might they use when they do identify a technology that could be disruptive?

A company must remain both on the cutting edge of innovation in terms of technology in its industry, and have a clear knowledge of the needs of its customer base. Segmenting and addressing a diversity of needs that might be ripe for the targeting of new technologies is one way to remain in control of the market.

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Small firms, however, might be well advised to snap up and deploy such evolving technologies, as these could be potential growth opportunities in markets where they cannot have the advantage of producing on an economy of scale......

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