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Those industries have long been dominated by both a winner-take-all dynamic and high turbulence, as each group of dominant innovators is threatened by succeeding waves of innovation.
The technology itself will still deliver waves of innovation in the future.
And how can companies develop leadership that successfully adapts to continual waves of innovation and change?
As productivity rose, competition intensified, bringing fresh waves of innovation," the institute explains.That is why innovation matters.
More recently some people assumed that they would be swept away by the internet and other waves of innovation.
Mr. Andreessen said the firm was exploring all the new opportunities and what he described as "waves of innovation".
Similar(13)
But that wave of innovation petered out.
Wireless replacements promise a new wave of innovation.
Meanwhile, a wave of innovation is producing expensive new treatments.
Competition between providers would unleash a wave of innovation.
The first is a wave of innovation in wearable technologies.
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