What Makes Emerging Technologies Click?

Knowledge at Wharton

Episode Description

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Anyone who has watched the evolution of technology knows that sometimes, clever new technologies emerge and quickly supplant the incumbents, while others may take years or decades to take off β€” if they gain widespread traction at all. So for investors, consumers and businesses, the key question is: What is the differentiating factor between the fast winners and the slow losers? More: http://knlg.net/1St9p0q πŸ“‚ Technology 🏷️ Research

Brief Summary

The episode examines technology adoption patterns, emphasizing the importance of ecosystems in determining success or failure.

Key points

  • Understanding Technology Adoption. Exploring why some technologies quickly reach mainstream adoption while others take decades.
  • Ecosystem Emergence Challenge. The readiness of technology versus the need for ecosystem investments is crucial for adoption.
  • Balancing New and Old Technologies. The research highlights the importance of both new technology ecosystems and existing technologies.
  • Technology Forecasting Project. Aiming to create accurate forecasting models for various technologies, starting with the auto sector.

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