Discussion Post: Defining Innovation as Creative Destruction
Discussion board questions each question should be answered within 250-300 words max! Answer each question separately.
• People often confuse an invention with an innovation. Inventions are often seen as historical breakthroughs. However, not all inventions become innovations in the marketplace. Provide an example of when is an invention not an innovation.
• Creative Destruction in the marketplace is happening all around us. Exciting new products emerge to displace obsolete ones we thought were pretty good just a few years ago. Offer an example of a product or service that has displaced one that you believe was the result of Creative Destruction.
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.