Blog - Alba Graduate Business School

The Role of Marketing in Radical Innovation: A One-, or Two-Edged Sword?

Written by Kyriakopoulos Kyriakos | 26 Jan 2017

Personal computer. Smartphone. Medical imaging scanner. They are all but few radical innovations which have revolutionized our life. Radical innovations employ different technology, deliver dramatically stronger customer benefits. As a result, they have the potential to catapult innovators to industry leadership but also lead big companies to stumble or even demise. A case in point, Polaroid and Kodak missed the boat of digital imaging (ironically, invented at Kodak’s R&D labs) while newcomers exploited this technology to become leaders of the industry.