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The Value of Disruptive Innovations

In: Global Innovation and Economic Value

Author

Listed:
  • Vijay Kumar

    (PES University)

  • R. P. Sundarraj

    (Indian Institute of Technology Madras)

Abstract

The exceptional characteristics of disruptive innovations (the Internet, Social media, Internet of Things and Autonomous driving) are discussed. The transformative impact of these radical innovations is assessed. The consumer surplus generated by the ubiquitous mobile phones and the role of social media in the ‘socialized’ world is discussed. The staggering impact of IOT to connect all inanimate things and the truly disruptive nature of autonomous vehicles will be watershed moments.

Suggested Citation

  • Vijay Kumar & R. P. Sundarraj, 2018. "The Value of Disruptive Innovations," India Studies in Business and Economics, in: Global Innovation and Economic Value, chapter 0, pages 189-256, Springer.
    • Handle: RePEc:spr:isbchp:978-81-322-3760-0_5
    DOI: 10.1007/978-81-322-3760-0_5
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