Disruptive Innovation

The video discusses Clayton Christensen's theory of disruptive innovation, which suggests that certain innovations can disrupt and replace existing markets and economies if they are widely and rapidly adopted. Examples like VRBO and Uber illustrate this concept, showing how these companies have transformed their respective industries. The video concludes by emphasizing the tendency of disruptive innovations to upend existing markets.

Who proposed the theory of disruptive innovation?

• Elon Musk

• Clayton Christensen

• Bill Gates

• Steve Jobs

What is required for an innovation to disrupt existing markets?

• It must be technologically advanced

• It must be widely and rapidly adopted

• It must be expensive

• It must be government-approved

Which of the following is an example of a disruptive innovation?

• Public buses

• Local hotels

• Uber

• Traditional taxis

Which industry was disrupted by VRBO?

• Automobile

• Hospitality

• Retail

• Banking

What is the main effect of disruptive innovation on markets?

• It reduces competition

• It upends existing markets

• It stabilizes existing markets

• It creates new regulations