Editing Idea:Clayton Christensen: Disruptive Innovation and Value Migration (section)

== Impact on Stakeholders ==

=== Business Valuations ===
* '''Incumbent destruction''': Market leaders regularly toppled
* '''Intangible obsolescence''': Brand value evaporates
* '''Asset stranding''': Investments become worthless
* '''Disruption premium''': Disruptors valued on potential

=== Consumer Benefit ===
* '''Democratization''': Luxury becomes accessible
* '''Job-to-be-done''': Better solutions emerge
* '''Simplicity''': Complexity reduction
* '''New possibilities''': Previously impossible now routine

=== Industry Structure ===
* '''Value chain reconfiguration''': Integration/modularization cycles
* '''Profit pool migration''': Value shifts in chain
* '''Business model innovation''': How to capture value changes
* '''Industry boundaries blur''': Convergence accelerates

=== Economic Measurement ===
* '''GDP limitations''': Misses consumer surplus
* '''Productivity puzzles''': Efficiency gains hidden
* '''Price indices broken''': Quality improvements unmeasured
* '''Innovation accounting''': Financial metrics lag