Unveiling The Power Of Dominant Technological Designs: Simplifying Our World At A Cost Video
A dominant design occurs when a design with specific features becomes the de facto standard within a product sector. There’s no consensus of when this emerges, however it is probably when one design accounts for 40-60% or more of the products.
Prior to the emergence of the dominant design, there is usually an era of ferment, where firms are competing on different designs as they are not quite sure of what consumers prefer. Once the dominant design emerges, then competition usually is a winner-take-all market. The winner take all market appears to be a duopoly or monopoly structure. Essentially, what this means is that there’s just a clear preference for one product design over another.
This means that sometimes the best product doesn’t always win. And also means that path dependency, or historical events, also makes a very large difference on the outcomes of a technology.
I think from a perspective of consumer choice and democracy, this is clearly a moment of where behavioral tendencies trump more rationale decision-making perspectives. In general, I think that sometimes we end up with what is called a ‘prisoners dilemma,’ where if we all choose to maximize our own benefits, at the expense of others, that we end up with the result that is inferior in the long run. In long-run, it might mean fewer choices to choose from, which can result in some people being poorly served in a free-market.
When a dominant design emerges, there is a market opportunity for additional product categories because there is unmet needs.
For More Reading And References, See:
Anderson, P., M. Tushman. 1990. Technological discontinuities and dominant designs: A cyclical model of technological change. Administrative Science Quarterly. 35(4) 604-633.
Baldwin, C.Y., K.B. Clark. 2000. Design Rules: The Power of Modularity. The MIT Press, Cambridge, Massachusetts.
Grodal, S., Gotsopoulos, F. Suarez. 2015. The coevolution of technologies and categories during industry emergence. Academy of Management Review. 40(3) 423-445.
Utterback, J.M., W. Abernathy. 1975. A dynamic model of process and product innovation. Omega. 3(6) 639-656.
Want some more videos? Check out:
Short Trailer Of What r3ciprocity.com (Editing and Proofreading Software) Is All About:
https://youtu.be/kAj5GcsGLmA
Proofreading Site: Finding Proofreading Jobs And Helping Writers
https://youtu.be/NkHrRIA2PR0
How To Find An Online Proofreader? Finding Real People For Peer Feedback:
https://youtu.be/8DsX5D0dBvQ
******************************
As a research professor of entrepreneurship, innovation, and business strategy, I discuss topics, such as behavioral science, strategy, innovation, and entrepreneurship, and apply these to my new peer proofreading and editing platform. Topics include the sharing economy, altruism, investing in technology, and bounded rationality. My favorite videos pertain to incentives, goal setting, and learning from failure to drive behaviors such as weight loss, stopping telemarketers, creating novel technologies, and creating new movements.
r3ciprocity.com: Peer proofreading and editing platform
A new platform where you can earn credits by editing other people's documents. Use these credits to have your own work edited. If you do a good enough job, you can convert these credits to money.
The goal of the platform is to get people to 'pay it forward' and help other people out by creating incentives for people to give back.
Check out https://www.r3ciprocity.com
Please subscribe to the Youtube channel:
https://www.youtube.com/channel/UC5spxk7bNDMGPSHjW_8ndZA
About the Site 🌐
This site provides links to random videos hosted at YouTube, with the emphasis on random. 🎥
Origins of the Idea 🌱
The original idea for this site stemmed from the need to benchmark the popularity of a video against the general population of YouTube videos. 🧠
Challenges Faced 🤔
Obtaining a large sample of videos was crucial for accurate ranking, but YouTube lacks a direct method to gather random video IDs.
Even searching for random strings on YouTube doesn't yield truly random results, complicating the process further. 🔍
Creating Truly Random Links 🛠️
The YouTube API offers additional functions enabling the discovery of more random videos. Through inventive techniques and a touch of space-time manipulation, we've achieved a process yielding nearly 100% random links to YouTube videos.
About YouTube 📺
YouTube, an American video-sharing website based in San Bruno, California, offers a diverse range of user-generated and corporate media content. 🌟
Content and Users 🎵
Users can upload, view, rate, share, and comment on videos, with content spanning video clips, music videos, live streams, and more.
While most content is uploaded by individuals, media corporations like CBS and the BBC also contribute. Unregistered users can watch videos, while registered users enjoy additional privileges such as uploading unlimited videos and adding comments.
Monetization and Impact 🤑
YouTube and creators earn revenue through Google AdSense, with most videos free to view. Premium channels and subscription services like YouTube Music and YouTube Premium offer ad-free streaming.
As of February 2017, over 400 hours of content were uploaded to YouTube every minute, with the site ranking as the second-most popular globally. By May 2019, this figure exceeded 500 hours per minute. 📈
List of ours generators⚡
Random YouTube Videos Generator
Random Film and Animation Video Generator
Random Autos and Vehicles Video Generator
Random Pets and Animals Video Generator
Random Travel and Events Video Generator
Random People and Blogs Video Generator
Random Entertainment Video Generator
Random News and Politics Video Generator
Random Howto and Style Video Generator
Random Education Video Generator