Engineering and Applied Sciences

Many technologies improve over time and technology providers can provide increasingly powerful service upgrades to their customers, but at a launching cost, and the expense of the sales of existing products. We propose a model of technology introduction in the context of subscription-based...

In the context of subscription-based services, many technologies improve over time and service providers can provide increasingly powerful service upgrades to their customers, but at a launching cost, and the expense of the sales of existing products. We propose a model of technology upgrades...