Publication Type
Journal Article
Version
publishedVersion
Publication Date
10-2008
Abstract
The current environment of information technology can be a complex place for analysts and firms to navigate, especially when making decisions about new product development, technology investment, and technology planning. Many industry analysts recognize that it is difficult, if not impossible, to accurately predict future technological advances. However, successful firms need to understand the nature of technological change and evolution in order to accurately forecast and take advantage of investment and market opportunities. For example, although RFID has been in the news for the past decade as the potential distribution and retail "killer technology", uncertainties about its future technical capabilities, economics, standards, and potential social issues make it a wildcard for many potential adopting firms.a Despite the need to make sense of the complexities of the technology landscape, there is a lack of useful analytical tools. IT industry experts recognize this problem.
Keywords
Dynamic natures, Ecosystem modeling, Industry analysts, Market opportunities, Strategic decisions, Technological changes, Technological evolution
Discipline
Computer Sciences | Management Information Systems
Research Areas
Information Systems and Management
Publication
Communications of the ACM
Volume
51
Issue
10
First Page
117
Last Page
122
ISSN
0001-0782
Identifier
10.1145/1400181.1400207
Publisher
ACM
Citation
Adomavicius, Gediminas; Bockstedt, Jesse; Gupta, Alok; and Kauffman, Robert J..
Understanding Evolution in Technology Ecosystems. (2008). Communications of the ACM. 51, (10), 117-122.
Available at: https://ink.library.smu.edu.sg/sis_research/2127
Copyright Owner and License
Publisher
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.1145/1400181.1400207