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Questions and Answers
What was the primary goal of the earliest recorded ASR research effort in 1952?
What was the primary goal of the earliest recorded ASR research effort in 1952?
What was the location of the first successful ASR research?
What was the location of the first successful ASR research?
Which of the following organizations was NOT actively involved in early ASR research?
Which of the following organizations was NOT actively involved in early ASR research?
Which of the following was NOT a contributing factor to the development of early ASR research?
Which of the following was NOT a contributing factor to the development of early ASR research?
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What is the main idea of the passage regarding the stages of development of a disruptive technology?
What is the main idea of the passage regarding the stages of development of a disruptive technology?
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What is the significance of the "switch" mentioned in the passage regarding technological development?
What is the significance of the "switch" mentioned in the passage regarding technological development?
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What is the main argument presented in the passage regarding the development of disruptive technologies?
What is the main argument presented in the passage regarding the development of disruptive technologies?
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According to the passage, what is a common characteristic of disruptive technologies?
According to the passage, what is a common characteristic of disruptive technologies?
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What do entrants have the option to do regarding the innovation's value?
What do entrants have the option to do regarding the innovation's value?
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What incentive does the incumbent have when negotiating with entrants?
What incentive does the incumbent have when negotiating with entrants?
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What might incumbents do in the absence of options for cooperation with entrants?
What might incumbents do in the absence of options for cooperation with entrants?
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What type of technology might lead to incumbents acquiring it just to place it on the shelf?
What type of technology might lead to incumbents acquiring it just to place it on the shelf?
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What is directly related to how incumbents and entrants choose to interact regarding commercialization?
What is directly related to how incumbents and entrants choose to interact regarding commercialization?
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What technology did Qualcomm develop for cellular communications?
What technology did Qualcomm develop for cellular communications?
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Which approach does CDMA utilize for handling multiple calls?
Which approach does CDMA utilize for handling multiple calls?
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How does Qualcomm's CDMA compare to TDMA in terms of efficiency?
How does Qualcomm's CDMA compare to TDMA in terms of efficiency?
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What strategy did Qualcomm employ after entering the product market?
What strategy did Qualcomm employ after entering the product market?
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What was a significant reaction to the introduction of CDMA technology?
What was a significant reaction to the introduction of CDMA technology?
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What time frame is mentioned for the development of Qualcomm's CDMA technology?
What time frame is mentioned for the development of Qualcomm's CDMA technology?
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What was a necessary component in the development of Qualcomm's CDMA technology?
What was a necessary component in the development of Qualcomm's CDMA technology?
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Which protocol handles multiple calls sequentially, unlike CDMA?
Which protocol handles multiple calls sequentially, unlike CDMA?
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What significant development in the field of ASR occurred in the early 1960s?
What significant development in the field of ASR occurred in the early 1960s?
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What was the first company dedicated exclusively to ASR?
What was the first company dedicated exclusively to ASR?
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What factors create uncertainty regarding an innovation's value?
What factors create uncertainty regarding an innovation's value?
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Which action can an incumbent take when there is uncertainty over an innovation's value?
Which action can an incumbent take when there is uncertainty over an innovation's value?
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What was a notable investment mentioned in the early development of ASR technology?
What was a notable investment mentioned in the early development of ASR technology?
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What does ASR stand for in the context of the content?
What does ASR stand for in the context of the content?
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Which of the following companies was not directly involved in ASR during the early 1960s?
Which of the following companies was not directly involved in ASR during the early 1960s?
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What role did Threshold Technology play in the history of ASR?
What role did Threshold Technology play in the history of ASR?
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What is a key reason that small drives came to dominate the market?
What is a key reason that small drives came to dominate the market?
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What challenge do incumbent companies face when integrating new technologies?
What challenge do incumbent companies face when integrating new technologies?
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What does generic uncertainty refer to in the context of innovation?
What does generic uncertainty refer to in the context of innovation?
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Why might an incumbent choose to integrate a new technology in-house?
Why might an incumbent choose to integrate a new technology in-house?
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What is the implication of having an enlarged choice-set for new entrants in a market?
What is the implication of having an enlarged choice-set for new entrants in a market?
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Which company first claimed a speech recognition accuracy of 85%?
Which company first claimed a speech recognition accuracy of 85%?
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What is a technological driver of the choice between competition and cooperation?
What is a technological driver of the choice between competition and cooperation?
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What is the significance of the term 'grammar-free recognition' in speech technology?
What is the significance of the term 'grammar-free recognition' in speech technology?
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Which company claimed the highest accuracy at 99% in the early developments of speech recognition?
Which company claimed the highest accuracy at 99% in the early developments of speech recognition?
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What aspect do technologies often struggle with when assessed for market integration?
What aspect do technologies often struggle with when assessed for market integration?
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What is one potential benefit for an incumbent to incur integration costs?
What is one potential benefit for an incumbent to incur integration costs?
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What technology did Interstate Electronics Corporation utilize for its speech recognition?
What technology did Interstate Electronics Corporation utilize for its speech recognition?
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How did companies validate their speech recognition accuracy claims?
How did companies validate their speech recognition accuracy claims?
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Which term refers to the ability of a speech recognition system to sometimes disregard expected word-sequence probabilities?
Which term refers to the ability of a speech recognition system to sometimes disregard expected word-sequence probabilities?
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In which year did multiple companies begin claiming accuracies above 90% for their speech recognition technology?
In which year did multiple companies begin claiming accuracies above 90% for their speech recognition technology?
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Which of the following companies did NOT claim 99% accuracy in the early speech recognition advancements?
Which of the following companies did NOT claim 99% accuracy in the early speech recognition advancements?
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Study Notes
Dynamic Commercialization Strategies for Disruptive Technologies
- Study examines commercialization strategies for disruptive technologies, focusing on the speech recognition industry between 1952 and 2010.
- Startups often employ a two-stage commercialization strategy: initial competition followed by cooperation with incumbents.
- Disruptive technologies initially underperform on mainstream metrics but exhibit potential for improvement over time.
- Incumbents may initially be hesitant to cooperate due to perceived low value or high costs of integration.
- This dynamic strategy allows startups to demonstrate technology value before seeking cooperative relationships.
Entry and Main Hypothesis
- Entrant’s choice between competing or cooperating with incumbents is examined.
- Factors influencing the choice include competition, access to complementary assets, frictions, and intellectual property protection.
- Study deviates from static perspective by examining dynamic changes in commercialization strategies throughout a firm's life.
Technology Innovation Type Impact
- Classifications of technology impacting commercialization choices are discussed, particularly focusing on competence-destroying vs. competence-enhancing innovations.
- Competence-destroying innovations are more likely to be developed by new entrants.
- High costs of integrating new technologies correlates with competitive strategies.
- Uncertainty regarding innovation’s future value can influence choices.
Data Analysis
- Study utilizes a hand-collected dataset of firms in the automatic speech recognition (ASR) industry from 1952–2010.
- Data allows examination of relationships between innovation characteristics (e.g., disruptive technology) and commercialization strategies.
- Early ASR technologies often exhibited lower performance initially but yielded improvements over time (disruptive innovation).
Disruptive vs. Sustaining Technologies
- Disruptive technologies initially underperform on traditional performance metrics, while sustaining technologies improve existing metrics.
- The initial unattractive nature of disruptive technologies can lead to competition in the beginning, followed by potential cooperation.
- Factors like uncertainty about new technology’s future value, and decreasing costs of integration will influence incumbent's decisions.
Initial Vocabulary Size and Financial Performance
- Disruptive technologies often have smaller initial vocabulary sizes relative to sustaining technologies.
- The financial performance of disruptive technology firms may lag initial entrants’ but then improve.
- Backward citation overlap analysis is used to distinguish disruptive technologies.
Disruptive Technology Adoption and Commercialization Strategy
- Entrants adopting disruptive technologies are less likely to cooperate with incumbents compared to those adopting sustaining technologies.
- Firms adopting disruptive technologies demonstrate a higher likelihood of switching from competition to cooperation.
- Analysis on a firm-level and firm-year basis shows that disruptive technology adoption influenced switching between competing and cooperating with established companies.
Robustness Analysis
- Research revisits earlier analyses using alternative methods while examining the robustness of findings on relationships between disruptive technologies and commercialization strategies.
- Models control for various factors (e.g., entry year, venture capital, CEO replacement) to account for any potential confounding effects.
- Alternative explanations, such as industry-level evolutionary trends or changes in commercialization strategies themselves, are considered.
General Conclusions
- Study finds strong evidence that disruptive technologies frequently follow a pattern of competitive entry initially, followed by cooperative commercialization as the innovative technologies mature.
- Study suggests that disruptive innovations may not invariably cause a replacement of incumbent market leaders in certain technological markets where appropriability conditions favor cooperation, and integration costs reduce.
- The study emphasizes that technological commercialization choice should be viewed as dynamic and influenced by market conditions and time rather than a one-time static decision.
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Description
This quiz explores dynamic commercialization strategies utilized by startups in the speech recognition industry from 1952 to 2010. It highlights the two-stage approach of initial competition followed by cooperation with incumbents, as well as the factors influencing the decision-making process. Test your knowledge on how disruptive technologies evolve and the strategies used to enhance their value in the market.