Quiz 2 Flashcards

1
Q

The diffusion of technology through innovation has been first explained by:

A

Rogers

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2
Q

What makes the potential value of smart robots integrated in manufacturing?

A

Reactivity, productivity, quality

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3
Q

What is/are the most important determinants of diffusion of connected cars?

A

Both safety and infrastructures

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4
Q

The theory of the diffusion of innovation has been popularized

A

In the 60’s (more demanding consumers)

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5
Q

By 2020, it is expected that many connected vehicles will be on the road, more precisely, it could be about:

A

250 millions

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6
Q

The epidemic model argues that the speed of technology diffusion depends on:

A

Information people receive

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7
Q

Smart robots used in production lines are:

A

A tool to increase industrials productivity

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8
Q

What is the expected market for connected cars services by 2020?

A

$40 billions

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9
Q

The more spread a technology the more benefits form the effect of :

A

Economies of scale

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10
Q

Cars with embedded connectivity solutions were first marketed in:

A

2010

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11
Q

Technology can potentially bring benefits to:

A

The entire internal value chain of the firm

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12
Q

The profile of the first customers who adopt a new technology is:

A

Innovator

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13
Q

The diffusion of innovations theory seeks to explain how, why and at what rate

A

New technologies spread

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14
Q

What is the expected number of connected vehicles on the road by 2020?

A

A quarter billion

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15
Q

Several levers could help smartcars to be adopted, among those, legislation that are

A

A determinant of the market diffusion

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16
Q

Externalities that accelerate diffusion are:

A

The availability complementary goods

17
Q

Big bang diffusion of innovation means:

A

Accelerated rate of adoption

18
Q

What are the 2 conceptual models of technology diffusion?

A

Epidemic and probit

19
Q

In 2017, the adoption of connected cars:

A

Grows through driver assistance

20
Q

The diffusion of technology depends on:

A

The offer, the customers and externalities

21
Q

Rogers S-curve is made of :

A

Cumulative adoption (x) time

22
Q

The probit model of diffusion underlies that:

A

Firms might be willing to slow the diffusion

23
Q

Which route to technology diffusion is taken by smart robots integrated in manufacturing?

A

New or better value chain

24
Q

Rogers’ S curve shows how and why:

A

Early adopters are the most important customers for technology