Market Dynamics and Technical Change
Trialability refers to the degree to which a new innovation can be experimented with on a limited basis before full-scale adoption. It plays a crucial role in the diffusion of new technologies, as it allows potential users to test and evaluate an innovation without committing to it entirely, which can significantly influence their adoption decisions. This concept is particularly important in understanding how innovations spread within markets and the factors that affect their acceptance and integration into existing systems.
congrats on reading the definition of Trialability. now let's actually learn it.