Established firms might resist adoption of new technology

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Reference no: EM131153628

Answer Each of the following questions in about 150-200 words each (One paragraph)

1. What determines whether an industry is likely to have one or a few dominant designs?

2. What are some of the reasons that established firms might resist the adoption of a new technology?

3. What are some of the advantages of entering a market early? Are there any advantages to entering a market late?

Reference no: EM131153628

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