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Need help with my writing homework on Design and Sustainability ''Product Innovation'': The Essence of Innovation and Product Life-Cycles in Forecasting the Future of the Electronic Periodicals. Write
Need help with my writing homework on Design and Sustainability ''Product Innovation'': The Essence of Innovation and Product Life-Cycles in Forecasting the Future of the Electronic Periodicals. Write a 1500 word paper answering; The literature of technology life-cycles will include a review of what scholars have to say regarding academic periodicals and also how to plot their future.
This era we live in is full of ever-increasing change. Among the most obvious indicators of this is the baffling multiplicity of products available to purchase and use, and the rate at which they become technologically outdated. There has been a lot of intensive study in the field of product development and product life-cycles during the last half of this century, the last decade being viewed at a particular focus on products of high-technology such as computers and consumer electronics among others. Many researchers have sought to recognize typical life-cycle of products patterns.
Phases in the technology life-cycle have been classified by means of relative percentage of customers being embraced at each stage. Earlier on, there are inventors and those who took them up early (who their primary concern was the obscured technology together with its performance). Later on, early majority pragmatists come in, followed by majority conservatives. Finally, the laggards (who were mainly interested in convenience and solutions) come in. There is a drawing by Moore on Rogers’ work, depicting the evolution between the initial adopters and early common pragmatists as a gap which high- technology companies are yet to successfully cross (see figure 1).
The main focus is on why the new technologies often cause problems for present industries. Innovative technologies can sometimes be underrated or perceived as inferior by the dominant players until it is too late.
