What we can learn from disruptive innovation in Asia
Disruptive and radical innovation are often used interchangeably, but they have distinct differences. Disruptive innovation breaks the market through new business models, while radical innovation introduces new technical competencies. Stashaway and Huawei showcase these types of innovation in Asia. Stashaway created a new investment business plan, while Huawei reshaped the future of telecommunications and healthcare. Strategies for creating market-changing innovation include outlining clear plans, targeting underserved markets, and validating assumptions through experimentation.