What are some reasons that both technology improvement and


Question: 1. What are some reasons that both technology improvement and technology diffusion exhibit S-Shape curves?

2. 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?

3. Are dominant designs good for consumers? Competitors? Complementors? Suppliers?

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Microeconomics: What are some reasons that both technology improvement and
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