Process / pipelineInnovation adoption and market dynamics
Diffusion of Innovation Model
The Diffusion of Innovation (DOI) model is a theoretical framework developed by Everett Rogers in 1962 to explain how innovations spread through populations over time. The framework categorizes adopters into five groups based on when they adopt an innovation and describes the characteristic S-shaped curve that typically describes market adoption of new products, services, and technologies.
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Sources
- Rogers, E. M. (1962). Diffusion of Innovations. Free Press. ISBN: 978-0743222296
- Rogers, E. M. (2003). Diffusion of Innovations (5th ed.). Free Press. ISBN: 978-0743222296
- Bass, F. M. (1969). A New Product Growth for Model Consumer Durables. Management Science, 15(5), 215-227. DOI: 10.1287/mnsc.15.5.215 ↗