Tuesday, November 8, 2016

Modular Clusters... Design Rules...

By definition, the value created by a new design be will be split in some fashion between designers, producers, investors, and users. The way value is split in turn will depend on:

* the nature of the contracts that bind designers and investors together;

* conditions of entry to the design process;

* the anticipated structure of one or more specific product markets;

* the patterns of competition that ultimately prevail in those markets.

 Complicating matters further, each of these elements may change over time as the design and its value evolve. (p 16 )

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