To add to this purely economics perspective, the there’s a lot more at play when it comes to take up of new technological innovations: the preparedness the manu

To add to this purely economics perspective, the there’s a lot more at play when it comes to take up of new technological innovations: the preparedness the manufacturing sector to produce and deliver the goods, and customer acceptance. The first is probably an economic one, but it’s important to consider that it’s not all about the cost of production - the technique may be prohibitive, and could draw out too many strategic resources from other areas in the sector… and it might not even scale, or has a short shelf life, or, or… The second - customer acceptance - would need to be carefully considered. The doctor offers you two options to treat your babushka, the familiar and reliable antibiotic, or the new drug that sounds like a Matrix virus?