Assignment on S-Curves

Definition According to Richard N. Foster (1985), S-curves are a phenomenon display the normal paths of product performance in relation to investment in R&D. Technology S-curves are usually showing the performance of engineering science against time. Technology S-curve is different from product keep cycle curve because its fluctuation is hardly predictable and extremely dependable on the technological product or value improvements. According to Clayton M. Christensen (1992) in Exploring the limits of the technology S-curve, the technology S-curve is a useful framework describing the substitution of vernal for old technologies at the manufacturing level. Christensen examines the usefulness of S-curve framework for managers at a firm level in planning for new technology development darn using the information from the technological history of the disk drive. In most cases technology S-curve is used for high-tech products where the innovation of technology is main success factor directly influencing demand for that product. opus using this framework we must always remember dissemination of innovations theory, pioneered by Everett Rogers, which posits that people have different levels of readiness for adopting new innovations and that the characteristics of a product affect overall adoption.

Rogers classifies individuals into five groups: innovators, earliest adopters, early bulk, late majority and laggards. In terms of the S-curve, innovators pertain 2.5%, early adopters 13.5%, early majority 34%, late majority 34%, and laggards 16%. Such theory makes technology S-curve less(prenominal) flexible because the real effect for the demand is lagged ( fig No. 1) Figure No. 1. A graph of Everett Rogers Technology Adoption Lifecycle model. secern both different types of technology S-curves. Explain how they differ and why they have the spurt they do? There are two different types of S-curves which differ in fluctuation intensity and shape depending on what kind of product or service attach to is... If you want to get a full essay, order it on our website: Orderessay

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