Disruptive Innovation, the way forward for the Nigerian economy

Most sectors of the Nigerian economy need updation not only to align the Nigerian business environment with trending global economic models but also to boost the Nigerian economy. It is therefore imperative for businesses, venture capitalists and potential investors to do a proper evaluation of the operations of the various sectors of the Nigerian economy to identify possible gaps that could be filled.

In business theory, disruptive innovation is an innovation that creates a new market and value network and eventually disrupts an existing market and value network, displacing established market-leading firms, products, and alliances.