Chapter 14 Flashcards
(5 cards)
Continuous Innovation
Has the least disruptive influence on established behavior. It involves the introduction of a modified product rather than a totally new product
Dynamically Innovation / Dynamically Continuous Innovation
A new product entry that is sufficiently innovative to have some disruptive effects on established practices
Discontinuous Innovation
A dramatically new product entry that greatly disrupts existing consumption behavior and requires the establishment of new practices.
Adoption process. / innovation adoption process
Micro process that focuses on the stages through which an individual consumer passes when deciding to accept or reject a new product
Adopter categories
Classification showing where consumers stand in relation to other consumers in terms of the first time they had purchased an innovation