Applications of chaos and complexity theories to the technology adoption life cycle: case studies in the hard-drive, microprocessor, and server high-tech industries

    Authors

    P. Meade; L. Rabelo;A. Jones

    Comments

    Authors: contact us about adding a copy of your work at STARS@ucf.edu

    Abbreviated Journal Title

    Int. J. Technol. Manage.

    Keywords

    chaos and complexity theories; high tech industries; product strategy; technology adoption life cycle; PRODUCT DIFFUSION-MODELS; DISRUPTIVE TECHNOLOGIES; CONSUMER DURABLES; DYNAMICS; GROWTH; Engineering, Multidisciplinary; Management; Operations Research &; Management Science

    Abstract

    Strategy formulation for high-technology products is very difficult. The short life cycles, and rapidly changing technology make it extremely challenging to develop and implement successful product strategy. Additionally, since the high-tech market is an example of a complex system, its behaviour is an emergent property of component interactions. The continual co-evolution of system components with respect to each other and the environment creates a highly non-linear dynamical system. This paper introduces a quantitative approach to understand the product position in the technology adoption life cycle using some of the principles and tools of Chaos and Complexity theories. This approach is demonstrated by using data sets of three case studies in the hard-drive, microprocessor, and server high-tech industries

    Journal Title

    International Journal of Technology Management

    Volume

    36

    Issue/Number

    4

    Publication Date

    1-1-2006

    Document Type

    Article

    Language

    English

    First Page

    318

    Last Page

    335

    WOS Identifier

    WOS:000239340500004

    ISSN

    0267-5730

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