Friday, January 21, 2005

Sherpalo Ventures - Guiding entrepreneurs with disruptive ideas and technology to the summit of business success

I found following definitions from above site.. and the text is indeed interesting..

What is disruptive technology?
The term disruptive technology was coined by Clayton M. Christensen to describe a new, possibly lower performance, but less expensive product that addresses an existing market. The disruptive technology starts by gaining a foothold in the low-end, and less demanding, part of the market, then moves up-market through performance improvements, and finally displaces an incumbent's product.
By contrast, a sustaining technology provides improved performance only and, according to Christensen, will almost always be incorporated into the incumbent's product.

1 comment:

Jaywalker said...

Perhaps, one can also relate it to the Chinese products. They are much cheaper than European and Japanese products. They are gaining more market albeit they are less reliable.

I have seen many Chinese products from shoes and jackets to laptop carrying-bags in Sweden as well.