Claremont Colleges Scholarship @ Claremont CMC Senior Theses CMC Student Scholarship 2016 The Role of Disruptive Innovation, Personality Characteristics, and Business Models on Entrepreneurial Success Will Shannon Claremont McKenna College Recommended Citation Shannon, Will, "The Role of Disruptive Innovation, Personality Characteristics, and Business Models on Entrepreneurial Success" (2016). CMC Senior Theses. Paper 1232. http://scholarship.claremont.edu/cmc_theses/1232 This Open Access Senior Thesis is brought to you by Scholarship@Claremont. It has been accepted for inclusion in this collection by an authorized administrator. For more information, please contact
[email protected]. Claremont McKenna College The Role of Disruptive Innovation, Personality Characteristics, and Business Models on Entrepreneurial Success submitted to Jay Conger and Dean Peter Uvin by William Shannon for Senior Thesis Fall 2015 November 30th, 2015 2 3 TABLE OF CONTENTS Title Page………………………………………………………………………….1 Abstract……………………………………………………………………………4 Introduction………………………………………………………………………..5 Clayton Christensen: Disruptive Leadership……………………………………...6 Chapter 2: The Formative Years…………………………………………………13 Chapter 3: Ideation & Marketplace Dynamics…………………………………..43 Chapter 4: Business Models……………………………………………………...64 Chapter 5: Institutionalization……………………………………………………91 Conclusion……………………………………………………………………….98 Figures…………………………………………………………………………..100 Works Cited…………………………………………………………………….101 4 ABSTRACT Disruptive Innovation, according to the term’s founder