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Measuring Market Acceptance of New Technology

  • 1.  Measuring Market Acceptance of New Technology

    Posted 01-31-2011 11:55
    Dear BPS Members,

    I am currently researching how the degree of market acceptance of a new
    technology may affect biotech firms' new product development efforts.
    However, I have been unable to find an established method of measuring the
    extent to which external firm stakeholders (e.g., customers, prospective
    investors, government regulators) perceive a new technology to be
    legitimate or viable. Some closely related research I have reviewed is
    contained in the product lifecycle literature, but I was not able to find
    any empirical guidelines on how one should go about measuring market
    acceptance of a new technology. Any suggestions would be much
    appreciated.

    Best Regards,

    Tony Lewis
    University of Wisconsin, Milwaukee
    Lubar School of Business - Department of Management