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How It Differs from Other Types of Innovation Oftentimes, breakthrough innovation is used interchangeably with radical and disruptive innovation. Radicalinnovation involves entirely new technologies or concepts that lay the foundation for future industries. However, there are some important differences.
Currently with narrower vested interests we lock away knowledge that might allow for radical discovery. Both the Chemical and Pharmaceutical Industry are knowledge-based. Much of the knowledge is internal to the people who work within their islands of specific responsibility. How can this be unlocked?
Second, integrated networks facilitate fine-grained information exchanges because multiple partners have relationships where they share a common knowledgebase. In fact, they are usually more effective at coming up with radicalinnovation than are complex, integrated networks.
radicalinnovation); Investments in initiatives whose benefits are contingent on everybody’s participation (e.g., knowledge management and talent management); Activities that involve cross-unit arbitration, i.e. weighing alternatives and setting priorities (e.g., brands and capital).
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