“Disruptive technologies typically enable new markets to emerge. There is strong evidence showing that companies entering these emerging markets early have significant first-mover advantages over later entrants.”

— Clayton M. Christensen

Source: 1990s, The Innovator's Dilemma (1997), p. 3; cited in: Parminder Bhachu (2004), Dangerous Designs: Asian Women Fashion, the Diaspora Economies. p. 172

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "Disruptive technologies typically enable new markets to emerge. There is strong evidence showing that companies enterin…" by Clayton M. Christensen?

Clayton M. Christensen photo

Clayton M. Christensen 23

Mormon academic 1952–2020

Related quotes

“The lackluster nature of most multinational corporations emerging market strategies over the past decade does not change the magnitude of the opportunity. The real source of market promise is not the wealthy few in the developing world, or even the emerging middle-income consumers: It is the billions of aspiring poor who are joining the market economy for the first time.”

C.K. Prahalad (1941–2010) Indian academic

C. K. Prahalad & Stuart L Hart, cited in: Jeffrey E. Garten (2002), The Politics of Fortune: A New Agenda for Business Leaders, p. 125

“The technological changes that damage established companies are usually not radically new or difficult from a technological point of view. They do, however, have two important characteristics: First, they typically present a different package of performance attributes—ones that, at least at the outset, are not valued by existing customers. Second, the performance attributes that existing customers do value improve at such a rapid rate that the new technology can later invade those established markets.”

Clayton M. Christensen (1952–2020) Mormon academic

Clayton M. Christensen, (January 1995). "Disruptive Technologies Catching the Wave". Harvard Business Review: P 3.
1990s

“An emerging market is a country where politics matters at least as much as economics to the market.”

Ian Bremmer (1969) American political scientist

"Managing Risk in an Unstable World," http://custom.hbsp.com/b01/en/implicit/product.jhtml?login=BREM060105&password=BREM060105&pid=1126 Harvard Business Review (June 2005).

“Generally, disruptive innovations were technologically straightforward, consisting of off-the-shelf components put together in a product architecture that was often simpler than prior approaches. They offered less of what customers in established markets wanted and so could rarely be initially employed there. They offered a different package of attributes valued only in emerging markets remote from, and unimportant to, the mainstream”

Clayton M. Christensen (1952–2020) Mormon academic

Source: 1990s, The Innovator's Dilemma (1997), p. 15

“The situation in a number of countries reminds one that it's still a risky world out there in the emerging markets.”

Lawrence H. Summers (1954) Former US Secretary of the Treasury

Michael M. Phillips, The Wall Street Journal (April 16, 1999) "Global Economic Crisis In Its Last Days", Pittsburgh Post-Gazette, p. C-1.
1990s

“Whatever market for manufactured goods emerged in colonial and dependent countries did not become the "eternal market" of these countries. Thrown wide open by colonization and by unequal treaties, it became an appendage of the "internal market" of Western capitalism.”

Paul A. Baran (1909–1964) American Marxist economist

Source: The Political Economy Of Growth (1957), Chapter Six, Towards A Morphology Of Backwardness, I, p. 174

“[There is a distinguishes between] low-end disruption which targets customers who do not need the full performance valued by customers at the high end of the market and "new-market disruption" that targets customers that could previously not be served profitably by the incumbent.”

Clayton M. Christensen (1952–2020) Mormon academic

Christensen (2003) The Innovator's Solution. p. 22-23
2000s

“Disruption causes vast sums of money to flow from existing businesses and business models to new entrants.”

Jay Samit (1961) American businessman

Source: Disrupt You! (2015), p. 17

“It is because prices are stable, and are perceived by agents to be in equilibrium, that the task facing market institutions is less daunting in this respect. However, market institutions may still have many other functions, such as providing information regarding quality and the location of potential buyers and sellers, and regulating both the product and the entrants to the market. In fact, a crucial function may be more subtle; by ordering trade under the aegis of some institution, the price and quality of the product may be legitimized at its given level. There is a kind of stamp of institutional approval which may contribute in a powerful manner to the emergence of price norms…..”

Geoffrey Hodgson (1946) British economist

Source: Economics and Institutions, 1988, p. 185-6

“Maitreya will present the nations with an alternative way of living, of conducting economic and political affairs... The new government which will emerge after the stock market crash will reflect the will of the people and stand for the people.”

Benjamin Creme (1922–2016) artist, author, esotericist

Source: Maitreya's Mission Vol. II (1993), After the stock markets collapse, Chapter 4, Economic Change

Related topics