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Multigeneration innovation diffusion: the impact of intergeneration time

Lehmann, Donald R. - ; Pae, Jae H. - ;

The diffusion patterns of the adjacent generations of technology and its relation to the time that elapses between them - intergeneration time - is discussed. Forty-five new technologies in 15 industries are analyzed, and it was found that the adoption curves systematically vary across generations from 2 years for dynamic random-access memory chips to more than 30 years for steelmaking. The longer the intergeneration time, the slower the adoption of the subsequent technology. Even though once the adoption begins imitation is greater for subsequent technologies, the slow initial innovation rate, driven by resistance to upgrading, retards adoption. It is also demonstrated that predictions based on intergeneration time plus average patterns are more accurate than data-based predictions early in life cycles when such predictions are most crucial. Improved early predictions can provide advantages in terms of both making go vs. no-go decisions and planning marketing and production.Printed Journal


Ketersediaan

Call NumberLocationAvailable
PSB lt.dasar - Pascasarjana1
Penerbit: Academy of Marketing Science
Edisi-
SubjekConsumer behavior
Regression analysis
Time
Sales forecasting
Forecasting techniques
Technological change
Product life cycle
ISBN/ISSN920703
Klasifikasi-
Deskripsi Fisik-
Info Detail Spesifik-
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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