Episode 154: Innovation and the S-Curve: Why More Money Doesn't Always Lead to Greater Improvements

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The s-curve represents a predictable pattern of behavior that technology cycles follow. Designed to help managers understand how to allocate resources in reference to various types of technology, the s-curve is a product of technological development. During the early stages of innovation, expenditures of effort often lead to small improvements in the performance of that technology. As the technology begins to develop, similar expenditures of effort begin to produce larger improvements in performance.