Indian Journal of Science and Technology
Year: 2015, Volume: 8, Issue: 25, Pages: 1-9
Dongchan Park, Jaerim Jung and Sangwook Kim*
Department of MIS, Chungbuk National University, South Korea; [email protected]
Technology and society have been evolved with interaction. In the meantime, the hype cycle has been emerged due to time delay. As the peak of expectation is getting higher, the trough is getting deeper and it lowers the level of deployment of technology in society. This research, therefore, aims to find the way to maximize the level of technology deployment. More specifically, we tried to answer the following questions: Why does a hype cycle emerge?What does hype cycle imply for the sustainable growth of new technology? How can we properly manage the hype cycle? When does policy leverage have to be intervened to maximize the level of technology penetration into society? The result of this research could provide useful implications for not only scientific researchers but also policy makers.
Keywords: Co-evolution, Hype Cycle, System Archetypes, System Simulation
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