Sentences with phrase «innovations improve over time»

Not exact matches

«Many other steps could be taken to strengthen our economy over time, such as putting the federal budget on a sustainable path, reforming the tax code, improving our educational system, supporting technological innovation and expanding international trade,» he said.

Over time, the disruptive innovations improve and become good enough to handle more complicated problems.

Framing the solution as a disruptive innovation — to start small with a small investment; gain organic adoption over time from the ground up; begin with a primitive solution and iterate to improve gradually and unpredictably as it grew and learned what customers did or did not in fact want; be patient for growth but impatient for evidence of success and sustainability; and avoid the limelight and pushback from an ecosystem's incumbent organizations — as opposed to being the one - perfect solution or infrastructure with a massive up - front cost, could result (and still may very well result for another start - up entity) in a vey different picture.

One of the core principles of disruptive innovation theory is that new technologies improve over time.

Disruptive innovations often get their start by targeting pockets of nonconsumption and then improving over time to serve more and more demanding customers.

At the heart of every disruptive innovation is a technology that can improve over time until it offers performance that is good enough to compete with incumbent providers on the dimensions that most customers value.

One lesson from the theory of disruptive innovation is that a service that looks like a primitive and incomplete offering in the early years will improve over time, so incumbent organizations shouldn't discount it.

Although window performance has improved dramatically over time, the cost of high performance windows needs to improve further and this is one area where innovation is likely to drive costs down and performance up.

Here are just some of the benefits: 1) for a limited time, an inventor's discovery is restricted from being stolen or used by others 2) because of such restriction, MONOPOLISTIC BEHAVIOR IS DISCOURAGED by entities having unfair advantages over the inventor 3) the patent protection provides the inventor a limited time to market and / or produce his discovery, however the inventor best sees fit (he could desire to start a business, launch a product, or enhance / improve an existing business or product by selling / licensing his invention, or even compete in the market by provided a competitive advantage over said existing business or product) 4) because the inventor has such protection, INNOVATION IS ENCOURAGED, simply because there is no fear of being trampled by larger, more financially able, entities.

Smart Home devices have improved over time and 2017 saw its fair share of innovations.