TY - GEN
T1 - Introducing a tipping point measure in explaining disruptive technology
AU - Nilchiani, Roshanak
AU - Edwards, Christine M.
AU - Ganguly, Anirban
N1 - Publisher Copyright:
© 2019 IEEE.
PY - 2019/10
Y1 - 2019/10
N2 - Disruptive technology is a form of emerging technology whose arrival in the marketplace signifies the eventual displacement of the dominant technology in that sector. There is a critical need for a set of tools and theories that can predict the probability of success of disruptive technology at its early stages. This paper presents a tipping point measure for complex networks and uses a predator-prey model to exhibit the behavior of disruptive technology versus dominant technology. The paper tries to determine the potential speed of change of the dominant technology in the context of interaction with disruptive technology along with assessing when the current technology faces tipping point and therefore undergoes irreversible changes and potential collapse. The paper introduces a tipping point measure, a theoretical framework for disruptive technology dynamics, and a predator-prey model of the disruptive versus the mainstream market. A historical case study is then discussed and modeled to show the application of this methodology. The findings can aid an enterprise to develop requirements, identify, and in turn increase the possibility of the successful launch of disruptive technology.
AB - Disruptive technology is a form of emerging technology whose arrival in the marketplace signifies the eventual displacement of the dominant technology in that sector. There is a critical need for a set of tools and theories that can predict the probability of success of disruptive technology at its early stages. This paper presents a tipping point measure for complex networks and uses a predator-prey model to exhibit the behavior of disruptive technology versus dominant technology. The paper tries to determine the potential speed of change of the dominant technology in the context of interaction with disruptive technology along with assessing when the current technology faces tipping point and therefore undergoes irreversible changes and potential collapse. The paper introduces a tipping point measure, a theoretical framework for disruptive technology dynamics, and a predator-prey model of the disruptive versus the mainstream market. A historical case study is then discussed and modeled to show the application of this methodology. The findings can aid an enterprise to develop requirements, identify, and in turn increase the possibility of the successful launch of disruptive technology.
KW - Disruptive innovation
KW - Disruptive technology
KW - Emerging technology
KW - Innovation
KW - Predator-prey model
KW - Tipping point
UR - http://www.scopus.com/inward/record.url?scp=85081083895&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85081083895&partnerID=8YFLogxK
U2 - 10.1109/ISSE46696.2019.8984434
DO - 10.1109/ISSE46696.2019.8984434
M3 - Conference contribution
AN - SCOPUS:85081083895
T3 - ISSE 2019 - 5th IEEE International Symposium on Systems Engineering, Proceedings
BT - ISSE 2019 - 5th IEEE International Symposium on Systems Engineering, Proceedings
T2 - 5th Annual IEEE International Symposium on Systems Engineering, ISSE 2019
Y2 - 1 October 2019 through 3 October 2019
ER -