Singing Cards decided to make its technology open; which of the following is likely to happen?
A) The technology may have more rapid adoptions.
B) The price of the technology will rise dramatically.
C) The production of complementary goods will slow down and eventually cease.
D) The firm's installed base will decrease.

Question

Quizplus · Accepted Answer

By making its technology open, Singing Cards is essentially making it easier for other companies to adopt and use their technology. This will likely lead to more rapid adoptions, as other companies can now integrate Singing Cards' technology into their own products without the need for extensive development work. However, this decision is unlikely to cause the price of the technology to rise dramatically, slow down the production of complementary goods, or cause the firm's installed base to decrease.

Singing Cards Decided to Make Its Technology Open; Which of the Following