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    Breakthrough & Incremental Innovation

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    Discuss in scholarly detail differences between incremental and breakthrough innovation. What risks are associated with each approach? (Please provide your references)

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    There is a difference between incremental and breakthrough innovation. Incremental innovation has small objectives whereas breakthrough innovation begins with the need to solve a problem. Incremental innovation brings short term value addition. Incremental innovation is used to gain competitive advantage. However, breakthrough innovation brings about a radical change. Incremental innovation is a top down process but breakthrough innovation is many cases a bottom up process. Incremental innovation reduces inefficiency, improves quality, and reduces costs within the existing systems. In contrast, breakthrough innovation ...

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    This solution explains breakthrough and incremental innovation. The sources used are also included in the solution.