The platform innovation is defined as one that leads to the practical application of fundamental innovations. Such innovations normally are launching pads for a new industry. Examples of platform innovations include personal computers, silicon chips, cell phones, digital printers, Microsoft Windows, databases, Linux, drug delivery devices, satellites and the space shuttle. The platform component increases the portion of the laboratory or development component more so than do fundamental innovations. Platform innovations launch industries and change ways of life.
Courtesy of: Praveen Gupta
Added: Jan. 22, 2008