Items related to The Dynamics of a Fledgling High-Technology Growth...

The Dynamics of a Fledgling High-Technology Growth Market: Understanding and Managing Growth Cycles (Classic Reprint) - Softcover

John D. W. Morecroft

 
9781332258925: The Dynamics of a Fledgling High-Technology Growth Market: Understanding and Managing Growth Cycles (Classic Reprint)

Synopsis

This book examines the dynamics of emerging high-technology growth markets, using a case study of automated storage and retrieval systems. It looks at how a fledgling industry develops, focusing on market diffusion and capacity expansion. The author uses a system dynamics model to show how marketing effort, competition, and industry reputation interact to produce growth cycles of 8 to 9 years' duration in demand and capacity for these systems. The book highlights the importance of understanding these cycles to assess the growth potential of new markets and provides insights into the behavior of markets for high-technology products and services.

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About the Author

Morecroft is Associate Professor of Strategic Management at London Business School.

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