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Tallinn University of Know-how, the one technological faculty in Estonia, is the flagship of Estonian engineering and experience training. This text considers the connection between consumers’ valuation of efficiency enhancements and expertise development over the expertise life cycle. Presenting a requirement-primarily based perspective, it explores how the character of life cycle maturity, the character of aggressive threats, and firms’ innovation incentives all change when shopper demand for efficiency matures prematurely of a expertise’s efficiency trajectories. It characterizes demand maturity by introducing the considered a requirement S curve as a complement to the standard know-how S curve. In doing so, it provides a brand new lens for assessing companies’ prospects of reaching superior efficiency by the commercialization of newest applied sciences.
