Standards Battles And Design Dominance

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Question 1
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Increasing returns to adoption means that,the more a technology is adopted,the more valuable it becomes.

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Question 2
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The learning curve indicates that the more units a company produces of an item,the more each unit will cost.

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Question 3
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Though learning curves are found in a wide range of organizational processes,there are substantial differences in the rates at which organizations learn.

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Question 4
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The ability of an organization to recognize,assimilate,and utilize new knowledge is referred to as learning effect.

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Question 5
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As firms develop complementary technologies to improve the productivity or ease of utilization of the core technology,the technology becomes less attractive to other firms.

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Question 6
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In a market characterized by network externalities,the benefit from using a good decreases with an increase in the number of other users of the same good.

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Question 7
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Network externalities cannot arise in markets that do not have physical networks.

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Question 8
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Products that have a large installed base are likely to attract more developers of complementary goods.

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Question 9
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A legally induced adherence to a dominant design is not possible.

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Question 10
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A firm that supports a technology that is not chosen as the dominant design will have better potential to earn near-monopoly rents in the short run than a firm that develops a dominant design.

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Question 11
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The influence of a dominant design can extend beyond its own technology cycle.

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Question 12
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Technologically superior products do not always win in the market.

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Question 13
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The "Buyer Utility Map" developed by Kim and Mauborgne cannot be applied to industrial products.

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Question 14
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In industries characterized by network externalities,the value of a technological innovation to users will be a function only of its stand-alone benefits and cost.

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Question 15
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In industries characterized by increasing returns,the rate of return from a product or process increases with the size of its installed base.

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Question 16
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For a new technology to be successful in a market,it is enough for the new technology's stand-alone utility to exceed that of the incumbent standard.

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Question 17
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A large perceived installed base can lead to a large actual installed base.

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Question 18
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When an industry has network externalities,the value of a good to a user is more likely to go up linearly rather than increase in an s-shape.

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Question 19
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Network externality returns refers to the value customers reap as a larger portion of the market adopts the same good.

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Question 20
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By choosing not to exercise its monopoly power,a firm can steepen its monopoly costs curve.

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