What makes up technological innovation? Is it all about continuous innovation or disruptive innovation?
That's both, and the thing is, in most cases, continuous innovation will do, as its compounding effect can have transformational consequences for an entire sector.
However, in some timeframes, breakthrough (consider the current, developing AI landscape) becomes the critical enabler until we return to a place where it's mostly about continuous innovation coupled with a good dose of breakthrough innovation.
That is where technological modeling (a framework I developed over the years) can be quite helpful!
Technological modeling is a discipline that provides the basis for companies to sustain innovation, thus developing incremental products.
While looking at breakthrough innovative products that can pave the way for long-term success.
In a sort of Barbell strategy, technological modeling suggests taking a two-sided approach to sustain continuous innovation as a core part of the business model.
On the other hand, it places bets on future developments that have the potential to break through and take a leap forward.