Dictionary entry overview: What does laurel wreath mean? â¢ LAUREL WREATH (noun) The noun LAUREL WREATH has 2 senses: 1. an award for winning a championship or commemorating some other event 2. (antiquity) a wreath of laurel foliage worn on the head as an emblem of victory Familiarity information: LAUREL WREATH used as a noun is rare.
Reverse Innovation â Definition and Examples. Reverse Innovation is the strategy of innovating in emerging (or developing) markets and then distributing/marketing these innovations in developed markets. Many companies are developing products in emerging countries like China and India and then distributing them globally.
DEFINITION of 'Disruptive Innovation'. A technology whose application significantly affects the way a market functions. An example of a modern disruptive innovation is the Internet, which significantly altered the way companies did business and which negatively impacted companies that were unwilling to adopt it. disruptive innovation is differentiated from a disruptive technology in that it focuses on the use of the technology rather than the technology itself.