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... > social science subjects > business and management > sociology of work > sociology of work encyc > digital and computer revolution: reshaping jobs and workplaces > innovation > radical and incremental innovation
... > social science subjects > sociology > sociology of work > sociology of work encyc > digital and computer revolution: reshaping jobs and workplaces > innovation > radical and incremental innovation
... > social science subjects > psychology > social psychology > group dynamics > group influence > innovation > radical and incremental innovation
... > social science subjects > psychology > social psychology > group dynamics > group performance and problem solving > innovation > radical and incremental innovation
... > social science subjects > business and management > organization studies > organization studies encyc > innovation and creativity > innovation > radical and incremental innovation
... > social science subjects > business and management > entrepreneurship > new venture management > innovation > radical and incremental innovation
... > social science subjects > psychology > social psychology > group dynamics > organizations > innovation > radical and incremental innovation
... > social science subjects > psychology > applied psychology > industrial psychology > productive and counterproductive employee behavior > innovation > radical and incremental innovation

Preferred term

radical and incremental innovation  

Definition

  • A radical innovation refers to a groundbreaking product that offers customers unprecedented performance or a massive reduction in cost and has the potential to restructure the relationship between customers and suppliers, displace current product leaders, create entirely new product categories, or transform an existing industry. Radical innovations are the gale-force wind popularized by Joseph Schumpeter's “creative destruction.”In contrast, an incremental innovation is at the other end of the spectrum, in that it offers customers only modest improvements to existing products. [Source: Encyclopedia of New Venture Management; Radical and Incremental Innovation]

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https://concepts.sagepub.com/social-science/concept/radical_and_incremental_innovation

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