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Findings from a practitioner’s workshop on Radical / Business Model Innovation
Recently, innovation-3 conducted a one-day workshop with some 30 practitioners from leading Central European firms (see HERE). The workshop focused on two main questions:
Radical / breakthrough Innovations defined
In the classical Ansoff matrix, radical (for the sake of simplicity we abandon the “breakthrough” for the rest of this article) are in the “New technology / new market or application” sector. We defined 8 characteristics of radical innovations:
How firms are dealing with radical innovations
Almost any firm today …
