The Electronic Book as a Disruptive Technology

States made $90.3 million in the ebook market 1. The electronic book, or ebook, is a book that is read on a computer or other electronic device 2. Ebooks were invented in 1971 with Michael Hart’s “Project Gutenberg, ” and later took the world by storm in 1998 with the invention of the ereader by Peanut Press 2,3. Ebooks were originally just digital copies of books that someone typed up and put on the Internet. This new technology was a disruptive innovation because it granted instant availability, allowed for easier storage, was more convenient, and completely revolutionized the book market 1 Transition from Print Electronic books as we know them today began as online databases of historical and classic texts that were maintained by universities