1. Name three factors that impact how a new technological innovation fits existing markets conditions.
- Must follow appropriate government regulations
- Enters more easily if it is compatible with existing products and standards
- Adheres to its position in the hype cycle
3. Name two factors that impact the “market window of opportunity”
- Knowing where you are on the hype cycle as you promote your innovation
- Experimenting with early adopters as you polish your marketing plan, it allows for testing of the market and planning ahead
5. Name a product that is currently being used by early adopters only?
- The Oculus Rift, its projects virtual reality gaming
I’m not familiar with the Oculus Rift, but according to its official website, isn’t it not released yet? Maybe more of an example of available only to innovators?