1. DISRUPTIVE
1.1. Definition
1.1.1. An innovation that creates a new market and value network and eventually disrupts an existing market and value network
1.2. Features
1.2.1. New market or low-end originated
1.2.2. Often simpler than its contemoraries
1.2.3. Can be a product, a service, a business model or a network.
1.2.4. Not equal to success
1.2.5. Often with significant business model
1.2.6. Not sustainable
1.2.7. To become mainstream, quality and standar need to reach a specific level
1.3. Impact
1.3.1. To the market
1.3.1.1. The existing market can be destroyed
1.3.1.2. The existing market can be transformed from high-end to mainstream.
1.3.1.3. The new market can be transformed from low-end to mainstream
1.3.1.4. New high-end and low-end market will appear
1.3.2. To the customers
1.3.2.1. The product or service become available to most customer
1.3.2.2. The price of the product or service drop significantly.
1.3.2.3. There will be new customer behavior and life style
2. INNOVATIVE
2.1. Definition
2.1.1. Finding a different and better way to solve problems.
2.2. Features
2.2.1. Compatibility
2.2.2. Complexity
2.2.3. Observability
2.3. Simple Innovations
2.3.1. Basket ball hoop over trash can
2.3.2. Chewing gum that fixes your teeth.
2.3.3. Water pipes that monitor their own leaks.
2.3.4. An Internet-enabled, portable hand sanitizer.
2.3.5. A cheap, portable water filtration device
2.4. Models of Innovation
2.4.1. Employee innovation
2.4.2. Customer innovation
2.4.3. Partner/supplier innovation
2.4.4. Competitor innovation
2.4.5. Public innovation
2.5. Types of innovation
2.5.1. Product innovation
2.5.2. Process innovation
2.5.3. Business model innovation
2.5.4. Breakthrough innovation
2.5.5. Incremental innovation