Technological innovation

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Technological innovation

Answer every question .

1. List three advantages and disadvantages of technological innovation. Using what you learned from the assigned readings and your own research and experience, discuss specific reasons why many innovation projects fail to generate an economic return.

2.For each category of innovator below, provide one advantage and one disadvantage.

Individuals as innovators

Firms as innovators

Universities as innovators

Government institutions as innovators

3. Explain why both technology improvement and technology diffusion exhibit s-shaped curves. Provide examples to illustrate your explanation.

4.Conduct research to find examples of industries (not noted in the textbook chapter) that demonstrate increasing returns to adoption.

Note

minimum of 300 words

Please provide references after each answer.

Provide a link to a journal article to support the examples.