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A single product or process architecture that dominates a product category usually 50% or more of...

A single product or process architecture that dominates a product category usually 50% or more of the market. A dominant design is a de facto standard, meaning that while it may be officially enforced or acknowledged, it has become a standard for the industry. Are dominant designs beneficial for competitors, consumers, complementors, and suppliers?

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Are dominant design beneficial for competitors, consumer, complementors, and suppliers --

  • The dominant design emerges from market process so competition between different design are switching cost.
  • The main goal of driving industries is to adopt dominant design which include inceasing returns to addoption, governement regulation and path dependency.
  • Dominant design for competitors -- The technologies which is accepted as dominant design deliver great value and standalone plus network externalities.
  • The industry can sponser their technology for the goal of gaining controling share of market and lock out potential competitors.
  • The industry should protect their innovation and think about protection machanism as an important part of overall strategy.
  • Dominant design for consumer -- yes, dominant design is good for consumer,
  • The majority should learn to deal with the innovation and if all the manufacturer agree on dominant design that is accepted by the consumer.
  • sometimes consumer feels bored by the dominant design. for example - smartphone consumer lose interest in a product that offers new features but look same from outside.
  • Dominant design for complementors -- yes, dominant design benificial for complementors.
  • Complementors require support from the industry that already has the technology. like releasing of computer code.
  • the complementors can get benefit from dominant design by not wasting resources developing for other platforms.
  • Dominant desing for suppliers -- yes, dominant design for suppliers is beeficial.
  • If the suppliers wants to compete in the market, they have to adopt dominant design because it plays critical role in technology lifecycle.

venereology answered 1 year ago
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