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QUESTION 18 The answer is: First, it is rare that the true limits of a technology...

QUESTION 18

  1. The answer is:

    First, it is rare that the true limits of a technology are known in advance, and there is often considerable disagreement among firms about what a technology's limits will be. Second, the shape of a technology's s-curve is not set in stone. Unexpected changes in the market, component technologies, or complementary technologies can shorten or extend the life cycle of a technology. Furthermore, firms can influence the shape of the s-curve through their development activities. For example, firms can sometimes stretch the s-curve through implementing new development approaches or revamping the architecture design of the technology.

    What is the question?

    How can s-curves be used as prescriptive tools?

    What are the limitations to using  s-curves as prescriptive tools?

    What are the pros and cons of using s-curves be used as prescriptive tools?

    What is an s-curve and how does it function?
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