When new products, services, or technology are created by an organization and entirely replace the ones already present in the market, this is referred to as radical innovation.
Technology,is called modification and exploitation of the surroundings, is the implementation of knowledge to the practical goals which means advancement.
A discovery that completely alters or replaces a current business paradigm, in which with new innovation the old ones are replaced as they are new and advanced with technologies, is considered radical innovation.
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