The typical S-curve pattern of innovation indicates that both early and late in the technology cycle, increased effort (i.e., money, research and development) brings only small improvements in technological performance.

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The S-curve pattern of innovation shows that technological progress is slow in the beginning and end stages of the cycle, but rapid in the middle stage. Therefore, investing more resources at the beginning and end stages of the cycle may result in only marginal improvements in technological performance.

The Typical S-Curve Pattern of Innovation Indicates That Both Early