Homework: Management of Technological Innovation
Length: 4 to 5 pages.
Read "A Battle for Dominance in Mobile Payments".
Then, answer the four discussion questions (with at least eight peer-reviewed sources):
1) What are some of the advantages and disadvantages of mobile payment systems in (i) developed countries and (ii) developing countries?
2) What are the key factors that differentiate the different mobile payment systems?
i. Which factors do consumers care most about?
ii. Which factors do merchants care most about?
iii. Are there forces that are likely to encourage one of the mobile payment systems to emerge as dominant? If so, what do you believe will determine which becomes dominant?
3) Is there anything the mobile payment systems could do to increase the likelihood of them becoming dominant?
4) How do these different mobile systems increase or decrease the power of (i) banks and (ii) credit cards?
Format your homework according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.