What is different about high$-$tech industries? Were all industries once high$-$tech?

Why are standards so important in high$-$tech industries? What are the competitive implications of this?

You work for a small company that has leading position in an embryonic market. Your boss believes the the lowest cost structure of the industry, and the most reliable and highest$-$valued product. Write a mer

You are working for a small company that has developed an electric scooter that is lower cost, lighter, a market. What strategies may you company pursue to try to increase your company's success?

Explain network effects and positive feedback loops.

Discuss three ways in which technical standards may be established.

Discuss the advantages and disadvantages of first movers.

Discuss technological paradigm shifts.

How may established companies deal with paradigm shifts?

Technical standards' property rights are important to incentivize companies to innovate. Discuss how soc companies.