Exam 6: Disruptive Technologies: Understanding the Giant Killers and Considerations for Avoiding Extinction

Profit margins for disruptive innovations are usually worse than those for incumbent technologies.

A(n) _____ is a right, but not the obligation to make an investment.

List and briefly discuss current concerns that are limiting the adoption of bitcoin.

Like most open-source efforts, bitcoin was created by a consortium of for-profit corporations hoping to fuel adoption of a beneficial new standard.

Which of the following is a way to recognize potentially disruptive innovations?

Disruptive technology is also called disruptive _____.

Which of the following is true of disruptive technologies?

Chips based on designs from the firm ___________________ dominate the market for smartphones, but they are not compatible with the most popular instruction set used in Intel's desktop and laptop chips. They do, however, draw far less power than Intel chips.

Why can't big firms simply wait until disruptive innovations prove themselves before they invest in these new areas?

ARM provides logic in the majority of smartphones, including products by Apple and Samsung.

Incentives for U.S. consumer adoption of bitcoin are quite high.

Individuals known as ____________ participate in verifying and maintaining transactions and are occasionally awarded for their efforts through the receipt of bitcoins.

Many disruptive firms were started by former employees of the disrupted giants.

Firms that listen to existing customers and tailor offerings based on this input are far more likely to identify potentially disruptive technologies than those that experiment with products that existing customers do not demand.