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What is Utterback-Abernathy Innovation Model about?

The document describes the Utterback-Abernathy model of innovation dynamics. It details how an industry and firms within it evolve over time from high product innovation to high process innovation. It outlines characteristics of three phases - fluid, transitional, and specific - and how rates of product and process innovation as well as competition change between the phases.

Author

rsflaviano

Language

EN