chapter  2
20 Pages

Innovation and Technological Change

ByPaul Ekins

Oosterhuis and ten Brink (2006) note that new technologies, when they are successful in being applied and finding their way to the market, often follow a pattern in which the uptake starts at a low speed then accelerates, before slowing down again when the level of saturation approaches. This is reflected in the well-known logistic or S-curve (see Figure 2.1).