Search results

Examines the use of Product Life Cycle (PLC) in analyzing the rise
and fall in product demand. Applies the cycle stages: product
development, introduction, growth, maturity, decline to the demand
behaviour of industrial materials such as steel, aluminium, titanium.
Relates the demand pattern of the Gross Domestic Product and the
relative development of the national economy, e.g. USA. Concludes that
the PLC invariably parallels the GDP.

This book consists of chapters based on selected papers presented at the EcoDesign2015 symposium (9th International Symposium on Environmentally Conscious Design and Inverse Manufacturing). The symposium, taking place in Tokyo in December 2015, has been leading the research and practices of eco-design of products and product-related services since it was first held in 1999. The proceedings of EcoDesign2011 were also published by Springer. Eco-design of products and product-related services (or product life cycle design) are indispensable to realize the circular economy and to increase resource efficiencies of our society. This book covers the state of the art of the research and the practices in eco-design, which are necessary in both developed and developing countries. The chapters of the book, all of which were peer-reviewed, have been contributed by authors from around the world, especially from East Asia, Europe, and Southeast Asia. The features of the book include (1) coverage of the latest topics in the field, e.g., global eco-design management, data usage in eco-design, and social perspectives in eco-design; (2) an increased number of authors from Southeast Asian countries, with a greater emphasis on eco-design in emerging economies; (3) high-quality manuscripts, with the number of chapters less than half of that of the previous book

We study a game‐theoretic real options model of new market entry based on empirical evidence of demand for a new product growing over time and eventually falling. Yet, firms do not know ex ante when this will occur, which creates incentives to update information by delaying irreversible entry. By assuming that the construction of a new productive plant takes some time and is unobservable in the meantime, while operation in the market is not, we show that entry rates increase or decrease under certain conditions related to the rate at which flow profits decrease as more firms enter the industry.