Jill Lapore’s article in the New Yorker about Disruptive Innovation is great. I’m going to re-read it and write something of my own. In the meantime, check out this really nice passage:
Disruptive innovation is a theory about why businesses fail. It’s not more than that. It doesn’t explain change. It’s not a law of nature. It’s an artifact of history, an idea, forged in time; it’s the manufacture of a moment of upsetting and edgy uncertainty. Transfixed by change, it’s blind to continuity. It makes a very poor prophet.
The upstarts who work at startups don’t often stay at any one place for very long. (Three out of four startups fail. More than nine out of ten never earn a return.) They work a year here, a few months there—zany hours everywhere. They wear jeans and sneakers and ride scooters and share offices and sprawl on couches like Great Danes. Their coffee machines look like dollhouse-size factories.

I think your article does cover important data, but most fail because of the lack of proper research in their own particular field of interest. As tech geeks, we believe most start ups have such low budgets with not enough proper help from those who can help, and we don’t have the proper management structure in place to create more ideas and Innovations.
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