Industrial use of hydrogen for power generation
The purpose of this innovation application paper is to apply the concepts and frameworks discussed in class and in the readings for class to a technology that interests you. Last year students chose, for example, 5G technologies, virtual reality headsets for business and HR training, Quantum Computers, 3D printing in the fashion industry, etc. You choose your technology. Please discuss the following for your technology by drawing on materials from the course and archival sources (library resources, business articles, online searches, etc.).
Categorize the type of the technology: radical, incremental, disruptive, architectural, etc.
The technology’s innovation ecosystem
The technology S-curve and the extent to which the technology has advanced on that curve
The role of design dominance and standards in the diffusion of the respective technology in the market
The role of timing of entry in bringing the technology to market.
Market diffusion: target customers, early adopters, early majority and challenges associated with crossing the chasm
Forecasting the adoption of the new technology
How do these topics apply to a technology, industry, or company that interests you? Make sure to cite your sources in the text where you draw on them and in a bibliography. Please provide a bibliography of your information sources on an extra page (excluded from the page recommendation). Graphics and figures go in the appendix and are excluded from the page recommendation.
