Technology Adoption Lifecycle

diffusionofinnovation

Wiki on the Technology Adoption Lifecycle in terms of farm technology:

  • innovators – had larger farms, were more educated, more prosperous and more risk-oriented
  • early adopters – younger, more educated, tended to be community leaders
  • early majority – more conservative but open to new ideas, active in community and influence to neighbours
  • late majority – older, less educated, fairly conservative and less socially active
  • laggards – very conservative, had small farms and capital, oldest and least educated

Where are you on this scale? Your company?

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One comment

  1. This is an interesting model. I think though that many consumer tech companies don’t try to ever reach the “laggards,” though. Is it necessary to reach the entire curve in order to have a successful product? I would suppose not.