Time integration of the hype curve
Integrating the hype cycle curve in the direction of the time axis gives an S-shape development followed by a gradual improvement.
Isn't that what is often referred to as S-shape development of technology?
https://gyazo.com/93da12f1403532dba8b032281d4491e3
[Part 1, Chapter 1, Section 3: Manufacturing firms that have begun to innovate their management in response to market changes: 2016 Manufacturing White Paper (METI/Ministry of Economy, Trade and Industry) http://www.meti.go.jp/report/whitepaper/mono/2016/html/honnbunn/101031. html]
and this can be explained uncomfortably by the relationship that "higher expectations lead to more research investment, and more research investment leads to an increase in the rate of technological improvement (=technological differentiation)".
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