MGT3960 Entrepreneurship Management Fall 2015

"There's a way to do it better—find it."— Thomas Edison

Technology Entrepreneurship

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

 

 

 

Author: Imran Haraish

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