IDEAS home Printed from https://ideas.repec.org/h/spr/prbchp/978-3-031-91686-1_1.html
   My bibliography  Save this book chapter

Identifying Disruptive Technologies: An Intellectual Property-Based View to Disruptive Potential Assessment

Author

Listed:
  • Miglena Avramova Molhova-Vladova

    (University of National and World Economy)

Abstract

The theory of disruptive innovation, developed by Christensen, studies the specific type of innovation that challenges the already existing competitive patterns in an industry. This theory specifically claims that disruptive innovation is not a breakthrough technology. One very important question, however, emerges from these fundamental understandings of the theory: if it is possible to achieve a radical change in the market effect without a radical change in the technology and its implications. The current paper studies this question from an intellectual property perspective, where a problem-solution approach is used for the evaluation of the novelty and inventiveness of a technology, specifically considering its use (i.e., its potential market application). This article argues that disruptive technologies might be defined from a market perspective, where a period of trial and error is required so that the uses of technology and market challenge to existing business models and competitive patterns are confirmed, but this should not be the only viewpoint in the framework of disruptiveness. Disruptive technologies need to be defined from a technological perspective as well, where radicalness, degree of novelty, and degree of inventiveness (creativity) are important factors in the process of redefining needs, creating awareness about the specific problem for stakeholders and building trust that this problem can be overcome. The article proposes an ex ante assessment model for the disruptive potential of a technology based on a three-dimensional framework of technological and market aspects of disruptive technologies, offering new theoretical insight into the impact of the technological advantage, information asymmetry on the market, and customers’ needs as they are being predefined. The model is analyzed and validated using information about tech companies, active in the fintech sector, operating on the European Union market.

Suggested Citation

  • Miglena Avramova Molhova-Vladova, 2025. "Identifying Disruptive Technologies: An Intellectual Property-Based View to Disruptive Potential Assessment," Springer Proceedings in Business and Economics,, Springer.
    • Handle: RePEc:spr:prbchp:978-3-031-91686-1_1
    DOI: 10.1007/978-3-031-91686-1_1
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:prbchp:978-3-031-91686-1_1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.