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Innovation, Economic Growth and Venture Capital Schemes

What has one of the greatest Harvard Business School’s strategists, Clayton Christensen, got to do with the UK’s Tax Advantaged Venture Capital Schemes? Well actually, quite a lot. One of Christensen’s major ideas is called “disruptive innovation”. If you’re not familiar with this concept, you can read about it here, or watch a lecture about it here. In short, Christensen theorises that there are three types of innovation – sustaining innovation, efficiency innovation and disruptive innovation. Sustaining innovation maintains a rate of improvement of a product or service by either offering something more (new features) to what is currently being… continue reading

January 25, 2016