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Disruptive Innovation–A Review with Particular Reference to India
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Progress of research on Disruptive Innovation is critically reviewed. Varying interpretations, lack of a clear and consensual definition and non-availability of a generally accepted assessment framework are issues relating to disruptive innovation that are observed extensively in literature. In the Indian context, innovations are more seen labelled as frugal or reverse or Jugaad. A few Indian examples are often seen highlighted as being disruptive. But detailed analyses of such Indian disruptive innovations have received less attention. The review reveals considerable gaps that remain in building a consistent theory of disruptive innovation.
Keywords
Disruptive Innovation, Assessment Framework, India.
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