Objective
Research objectives and content
Achieving rapid take-off for new technology-based product categories is a common managerial objective. The fast emergence of a dominant design can have a significant impact on competitive dynamics of a market.
However, few marketing researchers have examined:
(i) which proactive marketing actions can foster initial adoption of emerging technologies and
(ii) the factors influencing a firm's commitment to these strategies.
The central concern of this paper is how firms can reduce "take-off time" for an emerging technology. I first propose a set of strategic alternatives that a firm could undertake to stimulate initial demand for a new technology. I then test how preferences for these proactive strategies differ across firms as a function of technology and industry. To do so, I collect secondary data on sales of emerging technologies. By estimating a hazard rate model I can test what is the effect of marketing strategy on time to take off and how technology and competitive factors moderate this relationship. The intended contribution is to enrich the diffusion and technology adoption literature by improving our understanding of the strategic factors affecting marketing decisions in the context of emerging technologies and by extending the body of empirical work in the area of marketing strategy. Contribution is also made by providing managerial guidelines for achieving more rapid technology take-off.
Fields of science (EuroSciVoc)
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
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Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Coordinator
77305 Fontainebleau
France
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.