Discussion Post: Management of Technological Innovation
1) What are some of the sources of increasing returns to adoption?
2) What are some examples of industries not mentioned in the chapter that demonstrate increasing returns to adoption?
3) What are some of the ways a firm can try to increase the overall value of its technology and its likelihood of becoming the dominant design?
4) What determines whether an industry is likely to have one or a few dominant designs?
5) Are dominant designs good for consumers, competitors, complementors, and suppliers?
The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.