LITERATURE REVIEW ON DISRUPTIVE INNOVATION By Name: Course: Instructor’s Name: Institution’s Name: City/State Date Contents Introduction 3 Article: Disruptive Innovations 3 Summary 3 Literature Review 4 Disruptive Innovations 4 What Is Disruptive Innovation? 4 Sources of Disruptive Innovations 4 Technology or Business Model 5 Do Incumbents Improve Along a Trajectory of Innovation? 5 What is the Impact of Innovation in Developing Sustainable Solutions? 6 What Causes Incumbents Incapable of Responding to Innovations? 6 Thinking Catalytically 7 Do Incumbents Flounder due to the Disruptions? 7 Identifying Catalytic Innovations 8 Conclusion 8 References 11 Introduction The development in innovation has resulted in the development of new products and services in the market. The innovation either affects the product or a service or affects the process of production. Disruptive technology is crucial in creating efficiency and developing sustainable solutions in a market. In the real sense what is perceived to be disruptive on improving its products and services with the trends in consumer expectations or needs it develops a sustainable innovative development. Managers have the sole responsibility for utilizing the existing resources on meeting the customers’ needs and expectations. Therefore they should initiate strategies that are aimed at meeting the customers’ needs at a particular time. The most critical aspect of disruptive innovations is developing sustainable innovation among an organization. An existing business can develop innovative ideas or combat the disruptors through continuous improvement of their products. References Anthony S. (2017). Disruptive Innovation. [online] Harvard Business Review. Available at: hbr.org [Accessed 15 Dec. 2017]. Baatartogtokh A. (2015). How Useful Is the Theory of Disruptive Innovation?. [online] Ilp.mit.edu. Available at: ilp.mit.edu [Accessed 15 Dec. 2017]. Christensen C. Baumann H. Ruggles R. and Sadtler T. (2006). Disruptive Innovation for Social Change. [online] Harvard Business Review. Available at: hbr.org [Accessed 15 Dec. 2017]. (Christensen et al. 2006) [...]
PLEASE MAKE SURE THAT THIS LITERATURE REVIEW IS BASED ON THE GIVEN TOPIC AND RELEVANT AS WELL. THERE SHOULD BE INTO, CONCLUSION, MAIN BODY, HEADINGS AND SUBHEADINGS AS WELL. I ALSO HAVE ATTACHED THE ARTICLE ON WHICH THIS LITERATURE REVIEW BE BASED ON.