Radical Innovation Definition Quizlet
Often outcome is uncertain because the fact it can t be compared to anything else on the market.
Radical innovation definition quizlet. To move to a different hill one with a higher potential requires radical innovation and this comesabout through either technology or meaning change leading to point c on a larger hill. Learn vocabulary terms and more with flashcards games and other study tools. Start studying management exam 2 four types of innovation. Start studying radical innovation.
Learn vocabulary terms and more with flashcards games and other study tools. Note that the initial outcome is often inferior to that previously reached b and so hcd and dr are required to make the necessary incremental innovations to reach maximum. However commercialising the tech of this kind and being successful is rare as commonly many fail due to radical innovation being difficult and risky not everyone will take to it straight away takes time and is a big task. Radical innovation is all about taking risks and acknowledging that you might fail or that things might not work out perfectly.