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"Beta-convergence" on the other hand, occurs when poor economies grow faster than rich ones. Economists say that there is "conditional beta-convergence" when economies experience "beta-convergence" but conditional on other variables (namely the investment rate and the population growth rate) being held constant.
The idea of convergence has roots in the 1950s, and was a response to greater economic integration and international capital flows after World War II. Before the 1990s, convergence took the form of harmonization, the reduction of differences between the various accounting standards used internationally. [2]
Relational models are closely related to convergence models. [64] For convergence models, the goal of communication is convergence: to reach a mutual understanding. Feedback plays a central role in this regard: effective feedback helps achieve this goal while ineffective feedback leads to divergence. [66] [67] Difference models emphasize the ...
Crossing the Chasm: Marketing and Selling High-Tech Products to Mainstream Customers or simply Crossing the Chasm (1991, revised 1999 and 2014), is a marketing book by Geoffrey A. Moore that examines the market dynamics faced by innovative new products, with a particular focus on the "chasm" or adoption gap that lies between early and mainstream markets.
The technology adoption lifecycle is a sociological model that describes the adoption or acceptance of a new product or innovation, according to the demographic and psychological characteristics of defined adopter groups. The process of adoption over time is typically illustrated as a classical normal distribution or "bell curve".
Big bang adoption or direct changeover is when a new system is adopted instantly, with no transition period between the old and new systems. [ 1 ] [ 2 ] [ 3 ] When a new system needs to be implemented in an organization , there are three different ways to adopt this new system: the big bang adoption, phased adoption and parallel adoption .
Network convergence is primarily driven by development of technology and demand. Users are able to access a wider range of services, choose among more service providers. On the other hand, convergence allows service providers to adopt new business models, offer innovative services, and enter new markets.
In contrast, divergence "is a communication strategy of accentuating the differences between you and another person." [ 7 ] For example, when a native French speaker uses complex terms that a novice learner might not understand, this divergence highlights the difference in competence between the speaker and the listener. [ 8 ]