Jutila, Sakari T., "Dynamic Modeling of Adoption, Rejection and Life Cycles of Innovations", 1987

ua435

The well established theory and methodology of the assurance sciences, especially the probabilistic reliability and availability theory, is applied to the modeling of the dynamics of innovation adoption processes. In particular, this approach allows one to model the dynamics of the diffusion of innovations through complex organizational decision networks. The approach taken here is an analytic one. However, it provides a logical framework for dynamic computer aided approaches. As the management and control of the dynamics of the innovation adoption are becoming increasingly important, obvious extensions of this approach are in the direction of optimal control systems concepts and applications. A number of empirical examples from the American automobile and steel industries are discussed.

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  • 1987
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Processing Activity License

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System Dynamic Society Records

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