There are opportunities at both very high level of quality expectation and low level of quality and price expectations [Smith, ].
Inthe situation was that plug-in vehicles represented 0. These novel products or services are often ignored by both competitors and a majority of buyers.
These innovations are described as radical innovations. Christensen pointed out the existence of another type of innovations which disrupt the existing order by presenting a new technology or by introducing a metamorphosis in providing a service and upsetting the existing providers of services and products, in many cases causing the existing giants to fail or the existing technology to become obsolete [Christensen, ].
Another example of top-down innovation is FedEx next day delivery of parcels and packages. Large companies usually stick close to one customer in order to fulfill their needs and stay in the competitive markets.
And beyond this point, the hydrogen fuel cell vehicle keeps on improving rapidly. Technologies such as Internet, electricity, steam power, railways are described as general purpose innovations.
Objectively, traditional manufacturing level of vehicle is low and industrial chain is not complete, but the fact that the cost of labor is relatively low makes disruptive innovation routine more suitable for China, the market with huge potential and current under consumption, and fulfil the needs of low-end and mass market.
In practice these innovations can also be covered under radical and incremental innovations and these two will be considered as the main types of innovation. Virtualization is a hyped and much discussed topic recently due to its potential characteristics.
Due to the rising oil price, and the increase of the emission pollution, environmentally friendly fuel-efficient are paid more and more attention by some customers. Electric vehicle is different from traditional fuel cars with the characteristics of simple structure, less moving and driving parts, less workload of design, production and maintenance.
Following are some of the findings of the oil companies in this area.
The production of Chinese new energy automobile are mostly produced by joint venture enterprises and emerging private enterprises. They have demonstrations with many private companies. For a short time, It was good, but for long term it can slow its progress when face the innovative changes.
But research I going on in all the areas and there will definitely be a solution to all the challenges. This concerns not only mimic innovation, but also expanding and growing it to a mass market.
The customers of traditional fuel vehicle will preserve the habit of using fuel automobile. Not every new alternate product improves sufficiently become a threat to a flourishing product.
The incumbent enterprised will lose the opportunity of the nest round of the competition when they can hardly adapt to the new model under the condition of oriented by the customers from mainstream market.
Now increasing research and development in this area poses threat on oil industry as well. The physical resources required by the guests are offered by the software layer of the VMM or host.
Further development in internal combustion engine will result in more of supply than demand. The pattern of failure has been especially striking in the computer industry.
As a result, not one of the independent disk drives companies was survive today.
Usually, disruptive technology has to “sacrifice performance along dimensions that are important to current customers”. Following Bower and Christensen, there is a. Disruptive Technology Essay Disruptive technology: Catching the Wave Section: HBR January-February One of the most consistent patterns in business is the failure of leading companies to stay at the top of their industries when technologies or markets change.
Disruptive technology was first introduced in Clayton Christensen article Disruptive Technologies: Catching the Wave () which was co-wrote with Joseph Bower.  In view of business and technology fields, as discussed by Clayton Christensen, disruptive technology is a technology initially in a form of simple application, then improves and.
About the Emerging & Disruptive Technologies Essay Contest. The Department of Defense is looking across the technology spectrum for innovative ways to harness new technologies and combine them with tactics, techniques, and strategies to maintain a pacing edge over our adversaries.
Disruptive Technologies and Competitive Forces A disruptive product, service or technology is an innovation which creates a new marketplace and a new value web. It eventually goes on to “disrupt” an existing market environment and value web.
Disruptive technologies/ disruptive innovations Harvard professor Clay Christensen coined the term disruptive technology, which he later renamed disruptive innovation. He identified that it was not the technology itself which was disruptive, but its impact on strategy or business models.Disruptive technology essay